Medical Office
4801 Troup Hwy Tyler, TX 75703
4801 Troup Hwy, Tyler, TX, 75703
Contact for pricing
For Sale
Contact for pricing
Fully occupied medical and office property with a reported 70% medical tenant mix.
Property Size32,832 SF
Price / SF$140.41
Days on Market35
Property Features for 4801 Troup Hwy
General Information
- Standard status
- Active
- Size
- 32,832 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing agency
Summit Real Estate
(469) 844-8884
Listed by
Jason Vitorino · License #TX 512565
Source
Crexi
Added: Jun 17 Updated: Jul 20 at 6:21PM Checked: Jul 21 at 5:45AM
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 Summit Real Estate
Investment Insights
Based on property information with market context.
This is a for-sale medical office building that is reported to be 100% occupied. The tenant mix is described as 70% medical, with the remaining occupancy categorized as non-medical office use. The offering includes a stated 7.50% cap rate.
The property is located at 4801 Troup Hwy in Tyler, Texas. Public remarks also reference 29,000+ vehicles per day.
The building size is listed at 32,832 square feet, with the purchase price reported as $4,610,000.
The property is located at 4801 Troup Hwy in Tyler, Texas. Public remarks also reference 29,000+ vehicles per day.
The building size is listed at 32,832 square feet, with the purchase price reported as $4,610,000.
Key Highlights
- Year built 1983
- 100% occupied property
- Reported 7.50% cap rate
Local Financial Insights For Healthcare Medical
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 | $689.5k | $21.00 |
| − Vacancy | −$27.6k | −$0.84 |
| EGI | $661.9k | $20.16 |
| − OpEx | −$264.8k | −$8.06 |
| NOI | $397.1k | $12.10 |
32,832 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$5.67M
$4.96M – $6.62M
NOI $397,136 @ 7.0% cap · market cap 8.61%
Second Best
Office B
$5.66M
$4.96M – $6.61M
NOI $396,515 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$7.33M
$6.41M – $8.55M
NOI $512,958 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sante Rehabilitation
Medical Clinic
Comptech
Medical Laboratory
Angels of Care Pediatric ...
Home Health Care Service
Reliant Specialty Infusion
Medical Clinic
Sheri Walters
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Fully occupied medical and office property with a reported 70% medical tenant mix.
Where is this medical center located?
The property is located at 4801 Troup Hwy Tyler, TX.
What is the asking price?
The asking price for this property is $4,610,000.
What are key features of this property?
This property features: Year built 1983; 100% occupied property; Reported 7.50% cap rate
