Walmart Outparcel Retail
3810 STATE HIGHWAY 64 W W, Tyler, TX 75704
For Sale
$1,500,000
C-2-zoned retail property with established Walmart outparcel positioning and substantial customer parking.
Property Size11,049 SF
Lot Size1.11 Acres
Price / SF$135.76
Days on Market51
Property Features for 3810 STATE HIGHWAY 64 W W
General Information
Standard status
Size
Total Parking Spaces
Lot size
Zoning
Additional Details
Traffic Count
Building Details
Year Built
Listing Agency:
Drake Real Estate
(903) 581-3737
Listed By:
Matthew Marshall · License TX #75703
(903) 443-5894
Source:
Prodeorealty
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 10 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Drake Real Estate
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Investment Insights
Based on property information with market context.
This retail property includes an 11,049-square-foot building on a 1.11-acre parcel. Constructed in 2008, the site provides 51 parking spaces and carries C-2 zoning, supporting its established commercial retail profile. Its outparcel position near Walmart adds clear context for users evaluating a location within a larger retail environment.
The property fronts State Highway 64 W in Tyler, Texas, where traffic counts are reported at 59,364 vehicles per day based on TxDOT 2024 data. The combination of a freestanding building, dedicated parking, highway exposure, and existing retail surroundings gives the site a straightforward commercial configuration for further evaluation.
The property fronts State Highway 64 W in Tyler, Texas, where traffic counts are reported at 59,364 vehicles per day based on TxDOT 2024 data. The combination of a freestanding building, dedicated parking, highway exposure, and existing retail surroundings gives the site a straightforward commercial configuration for further evaluation.
Key Highlights
- 11,049 SF retail building
- 1.11‑acre parcel
- 51 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,730
Cap Rate
8.58%
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 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,626 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
59,364 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
332k
Monthly Visits Nearby
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
$136,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Tyler, TX
Properties on Market for Retail space in Tyler
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-2-zoned retail property with established Walmart outparcel positioning and substantial customer parking.
Where is this retail space located?
The property is located at 3810 STATE HIGHWAY 64 W W Tyler, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 11,049 SF retail building; 1.11‑acre parcel; 51 parking spaces
