Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Metal Warehouse with Grade Doors Title is generated by Realmo AI

    5263 American Legion Road, Tyler, TX 75708

    View on Map
    Claim this Listing
    For Lease
    $3,500 /Mo

    COMMERCIAL - Tyler, TX

    Lot size:
    0.30 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    111
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 5263 American Legion Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Assigned
    Standard status
    Active
    APN
    1-00000-0322-00-001020
    Lot size
    0.30 Acres

    Building Details

    Year built
    2023
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Maria Araujo

    Listing agent Maria Araujo License #0521990

    Listing office Ultima Real Estate Dallas, TX

    Listing date Feb 12, 2026

    MLS# 20848426

    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

    • 80' x 50' metal building, gray with black trim
    • 3 grade‑level bay doors (12' x 14' each)
    • New construction built in 2023
    • Metal roof with metal siding exterior
    • Concrete flooring
    • Assigned parking

    Overview

    This new construction metal warehouse offers an 80’ x 50’ gray exterior with black trim and a functional layout designed for day-to-day storage and distribution. The building features three grade level bay doors, each approximately 12’ x 14’, providing straightforward drive-in access for vehicles and equipment. Additional warehouse buildings are also available for lease, giving operators flexibility depending on their space requirements.

    Located conveniently near the Loop while remaining outside city limits, the property is positioned for tenants who want an easy route to major thoroughfares without being constrained by municipal boundaries. The site is listed at 5263 American Legion Road in Tyler, TX, within Smith County.

    With its loading-ready configuration and newly built metal construction, this warehouse is a strong fit for light industrial users, contractors, and logistics-focused tenants seeking efficient access for inbound and outbound operations. Tenants looking for multiple building options on the same general offering should also find the property’s “several buildings ready to lease” setup useful when planning for phased growth or equipment needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Express 3G Trucking, ... Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.263462
    Latitude
    32.388826

    Nearby Similar for Lease

    • $1,500/Mo
      2,215 SF

      Office/Warehouse Near Tyler Junior College

      Office and warehouse space available for lease near universities.
      2316 E 5th St, Tyler, TX 75701
      View Details
    • $2,500/Mo
      2,000 SF

      Retail Space on Old Jacksonville

      Retail space for lease in Tyler's growing Old Jacksonville corridor.
      16637 Old Jacksonville Highway Suite C, Tyler, TX 75703
      View Details
    • $2,273/Mo
      1,364 SF

      New Office Space in Tyler

      New construction office space for lease in South Tyler.
      2012 W Cumberland Rd, Tyler, TX 75703
      View Details
    • $805/Mo
      468 SF

      South Broadway Avenue Office Space

      Office and medical suites available on South Broadway Avenue.
      3300 S Broadway Ave Bldg 1 & 3, Tyler, TX 75701
      View Details
    • $3,117/Mo
      1,781 SF

      Shell Office Space for Lease

      Customizable shell office space with tenant improvement support in a high-access Tyler location near Loop 323.
      3143 Golden Road, Tyler, TX 75701
      View Details
    • $1,104/Mo
      2,409 SF

      Versatile Flex Space in Tyler

      Office and industrial space with showroom and warehouse.
      13306 Hwy 110 S. Ste 100, Tyler, TX 75707
      View Details
    • $3,094/Mo
      3,094 SF

      Versatile Space on Loop 323

      3,094 SF space ideal for retail, showroom, or service.
      3225 S SW Loop 323, Tyler, TX 75701
      View Details
    • $3,117/Mo
      1,781 SF

      Customizable Office Space in Tyler

      Shell condition office space with tenant improvement allowance available.
      3143 Golden Rd, Tyler, TX 75701
      View Details
    • $10,833/Mo
      4,385 SF

      Drive-Through QSR Restaurant Outparcel

      Former Whataburger building with a double drive-thru and dedicated parking for high-visibility quick-service use.
      6849 S Broadway Avenue, Tyler, TX 75703
      View Details
    • $995/Mo

      Updated Office Unit For Rent

      Updated office space with flexible layout and central location.
      605 Chase Dr #Ste 6, Tyler, TX 75701
      View Details
    • $2,500/Mo

      Build-to-Suit Office Space

      Newly built office suites on a major thoroughfare, offered with flexible builder or tenant finish-out options.
      17178 Hwy 69 S, Tyler, TX 75703
      View Details
    • $2,331/Mo

      Medical Office Suite with Private Entrance

      Professional layout with reception, four private offices, and break room, plus ample shared parking for medical or office teams.
      2311 Dueling Oaks Drive, Tyler, TX 75703
      View Details

    FAQs

    What type of property is this?
    Warehouse - New construction metal warehouse set up for practical loading with three grade level bay doors and multiple nearby lease options.
    Where is this warehouse located?
    The property is located at 5263 American Legion Road Tyler, TX.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 80' x 50' metal building, gray with black trim; 3 grade‑level bay doors (12' x 14' each); New construction built in 2023
    (972) 980-9393
    We can help!
    Listing Contact
    Maria Araujo
    Real Estate License ID: 0521990
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5263 American Legion Road, Tyler, TX 75708
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!