3810 State Highway 64 W Tyler, TX 75704
Retail space with high traffic and flexible use.
Property Features for 3810 State Highway 64 W
General Information
- Standard status
- Active
- Size
- 11,049 SF
- Lot size
- 1.11 Acres
Listing office Drake Real Estate & Investments (903) 443-5894
Listing date Oct 20, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- High traffic counts: 59,364 VPD (TxDOT '24).
- Walmart outparcel.
- Significant vacancy: 10,179 SF.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.6k | $17.52 |
| − Vacancy | −$9.7k | −$0.88 |
| EGI | $183.9k | $16.64 |
| − OpEx | −$55.2k | −$4.99 |
| NOI | $128.7k | $11.65 |
