Tyler Industrial Building on FM
For Sale
Contact for pricing
4036 FM 2767, Tyler, TX 75708
12,000 SF industrial building on 2.923 acres in Tyler.
Property Size12,000 SF
Lot Size2.92 Acres
Price / SF$95.83
Days on Market152
Property Features for 4036 FM 2767
General Information
Standard status
Active
Size
12,000 SF
Lot size
2.92 Acres
Property subtype
Industrial, Land
Building Details
Year Built
1960
Buildings
1
Stories
1
Listing Agency:
Burns Commercial Properties
(903) 534-1200
Listed By:
Mark Whatley · License #TX 423898
Source:
Crexi
Added: Mar 27
Changed: Aug 13
Last Checked: Aug 23 at 2:53PM
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 Burns Commercial Properties
Investment Insights
Based on property information with market context.
This 12,000 square foot industrial building is located on 2.923 acres along FM 2767 in Tyler, Texas. The facility is fully heated and cooled. It features one dock-high door and one overhead door with ramp access. The property benefits from a high-visibility location with a traffic count of 6,883 vehicles per day per TxDOT. Situated just outside city limits, the property has no zoning restrictions, making it suitable for various industrial or commercial uses.
Key Highlights
- 12,000 SF fully heated and cooled industrial building.
- Located on 2.923 acres along FM 2767.
- High‑visibility location with 6,883 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,338
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,246,760
$1.2M
Cap Rate 7%
$890,543
$890.5K
Cap Rate 9%
$692,644
$692.6K
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$79.2K $6.60/SF
− Vacancy
−$5.9K −$0.49/SF
EGI
$73.3K $6.11/SF
− OpEx
−$11.0K −$0.92/SF
NOI
$62.3K $5.19/SF
Area
Tyler, TX
Vacancy
7.40%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,246,760
Cap Rate 7%
$890,543
Cap Rate 9%
$692,644
Alternative Uses
Best Use
Warehouse
$890.5K
$779.2K – $1.04M
NOI $62,338 @ 7.0% cap · market cap 5.42%
Second Best
Industrial
$733.4K
$641.7K – $855.6K
NOI $51,337 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,485 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75708, TX
8,294
Population
3,585
Households
2.3
Avg Household Size
33
Median Age
8%
College-Educated
65%
High-School Grad
56.5 sq mi
ZIP Area
147
Density / Sq Mi
$81,500
Median Household Income
$37,087
Median Earnings
$865
Median Rent
$131,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Greenkey Storage - Tyler (Formerly: A Storage Place) — 531 S SE Loop 323, Tyler, TX 75702
- FreeUp Storage Tyler — 4044 County Rd 384, Tyler, TX 75708
Frequently Asked Questions
What type of property is this?
Warehouse - 12,000 SF industrial building on 2.923 acres in Tyler.
Where is this warehouse located?
The property is located at 4036 FM 2767 Tyler, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 12,000 SF fully heated and cooled industrial building.; Located on 2.923 acres along FM 2767.; High‑visibility location with 6,883 vehicles per day.
