C-2 Retail
For Sale
$1,895,000
3810 STATE HIGHWAY 64 W, Tyler, TX 75704
CommercialSale, Tyler, TX
Property Size11,049 SF
Lot Size1.11 Acres
Price / SF$171.51
Days on Market102
Property Features for 3810 STATE HIGHWAY 64 W
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C-2
Parking features
Parking Lot, Off Street
Subdivision
MARSH-MCILWAINE ADDN
Lot features
Interior Lot
Directions
From the intersection of S Loop 323 and Hwy 64 W in Tyler, head west on Hwy 64. Property will be on the left in 420 feet.
Standard status
Active
APN
R133160
Lot size
1.11 Acres
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Number of units
1
Building materials
Stucco
Roof type
Flat
Listing Agency:
Drake Real Estate
Listed By:
Matthew Marshall
(903) 581-3737
Added: Jul 10
Changed: Oct 18
Last Checked: Oct 19 at 4:06PM
MLS# 21091893
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 11,049-square-foot retail storefront occupies a 1.11-acre parcel and includes 51 parking spaces. The building was constructed in 2008 with stucco exterior walls, a flat roof, electric central heating, and central air conditioning. Public water service is provided.
The property is identified as a Walmart outparcel at 3810 State Highway 64 W in Tyler, Texas. Traffic volume is reported at 59,364 VPD based on TxDOT 2024 data. The site carries C-2 zoning and includes off-street parking in a dedicated parking lot.
The property is identified as a Walmart outparcel at 3810 State Highway 64 W in Tyler, Texas. Traffic volume is reported at 59,364 VPD based on TxDOT 2024 data. The site carries C-2 zoning and includes off-street parking in a dedicated parking lot.
Key Highlights
- 11,049 SF building on a 1.11‑acre lot
- Walmart outparcel location at 3810 State Highway 64 W
- 51 parking spaces with off‑street parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,730
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,574,600
$2.6M
Cap Rate 7%
$1,839,000
$1.8M
Cap Rate 9%
$1,430,333
$1.4M
Market Conditions
NOI Build-Up for 11,049 SF
Gross rent
$193.6K $17.52/SF
− Vacancy
−$9.7K −$0.88/SF
EGI
$183.9K $16.64/SF
− OpEx
−$55.2K −$4.99/SF
NOI
$128.7K $11.65/SF
Area
Tyler, TX
Vacancy
5.00%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,574,600
Cap Rate 7%
$1,839,000
Cap Rate 9%
$1,430,333
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.15M
NOI $128,730 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,626 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
59,364 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
332k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Superstores 30%
Shops & Services 17%
Groceries 13%
Walmart
Superstores
98,763 visits/mo
0.2 miles
Super 1 Foods & Pharmacy
Groceries
25,952 visits/mo
0.2 miles
McDonald's
Dining
23,445 visits/mo
0.2 miles
Murphy USA
Shops & Services
20,389 visits/mo
0.1 miles
Dollar Tree
Shops & Services
17,125 visits/mo
0.1 miles
Demographics for 75704, TX
10,075
Population
4,325
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
77%
High-School Grad
66.8 sq mi
ZIP Area
151
Density / Sq Mi
$52,892
Median Household Income
$32,327
Median Earnings
$1,185
Median Rent
$136,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with on-site parking, public water, central heating and cooling, and a flat roof.
Where is this storefront property located?
The property is located at 3810 STATE HIGHWAY 64 W Tyler, TX.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 11,049 SF building on a 1.11‑acre lot; Walmart outparcel location at 3810 State Highway 64 W; 51 parking spaces with off‑street parking lot
