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    Insulated Industrial Warehouse Suite Title is generated by Realmo AI

    4588 Old Troup Highway, Tyler, TX 75707

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    For Lease
    $900/Mo $8 SF/Yr (calc)

    COMMERCIAL - Tyler, TX

    Property size:
    1,250 SF
    Lot size:
    0.82 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    77
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 4588 Old Troup Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    150000155700003010
    Lot size
    0.82 Acres

    Taxes and HOA fees

    Tax Description
    M L HAYES BLOCK 1557 LOT 3A

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2014
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Dana Staples
    Dana Staples

    Listing agent Dana Staples License #0546841

    Listing office Staples Commercial Group, LLC Frankston, TX

    Listing date Mar 19, 2026

    MLS# 21212237

    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.

    HighLights

    • Insulated industrial lease space for rent
    • 1250 SF space with high dock door and individual entry door with combo lock
    • Includes restroom
    • No A/C
    • Built in 2014 with metal roof and metal siding
    • Utilities: public water and public sewer

    Overview

    This insulated industrial lease space is designed for practical warehouse operations, with a high dock door for loading and an individual entry door secured by a combo lock. The suite also includes a restroom. Space is provided without AC, so tenants should plan for heating/cooling needs as appropriate for their operation.

    The property is located at 4588 Old Troup Highway in Tyler, Texas. The site covers 0.819 acres, providing room for the industrial use and day-to-day operations associated with warehouse tenants.

    For tenants seeking a compact, functional warehouse setup, this suite offers direct loading capability through the dock door and a separate entry point for staff and deliveries. The insulated construction can help support temperature-sensitive handling depending on how the space is used, while the lack of AC makes it best suited for users comfortable with supplemental climate control or non-critical temperature requirements. If you need straightforward warehouse space with convenient access and on-site restroom facilities, this offering is worth a closer look.
    Property Profile Location Intelligence

    Current Use by Public Records

    Super Plumbers Plumbing Service The Maids in Tyler Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Calloway Road Storage Center — 2605 Calloway Rd, Tyler, TX 75707
    • 4918 Hightech Storage — 4918 Hightech Drive, Tyler, TX 75703
    • Iron Mountain — 2948 Specialty Dr, Tyler, TX 75707

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.263934
    Latitude
    32.301471

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    FAQs

    What type of property is this?
    Warehouse - Insulated industrial space with a high dock door, individual entry door, and restroom, offered for lease.
    Where is this warehouse located?
    The property is located at 4588 Old Troup Highway Tyler, TX.
    What is the lease rate?
    The lease rate is $900 /Mo.
    What are key features of this property?
    This property features: Insulated industrial lease space for rent; 1250 SF space with high dock door and individual entry door with combo lock; Includes restroom
    (903) 876-1051
    We can help!
    Listing Contact
    Dana Staples
    Dana Staples
    Real Estate License ID: 0546841
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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