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New Construction Office Building
For Sale
$1,250,000

5647 KPE Way Bldg A1, Tyler, TX 75703

COMMERCIAL - Tyler, TX

Property Size3,480 SF
Lot Size1.89 Acres
Price / SF$359.20
Days on Market60

Property Features for 5647 KPE Way Bldg A1

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Parking features On Street
Lot features Inside City Limits
Directions From the intersection of WSW Loop 323 and Old Jacksonville Hwy, head south on Old Jacksonville Hwy. In approx. 1.14 miles, right right onto Kpe Way. Property will be just ahead in about 400 feet.
Standard status Active
Size 3,480 SF
Lot size 1.89 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WEST VILLAGE NORTH U-1 BLOCK 1662 LOT 1C.1
Legal Description WEST VILLAGE NORTH U-1 BLOCK 1662 LOT 1C.1

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2026
Building materials Stucco
Listing Agency: Drake Real Estate & Investments
Listed By: Matthew Marshall · License #75703
Added: Jun 8 Changed: Aug 4 Last Checked: Aug 6 at 2:06AM
MLS# 26008067

Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building is under construction with a planned 2026 completion. The property contains 3,480 square feet on 1.887 acres, with stucco construction, public water, and public sewer. Delivery is planned in turnkey condition based on tenant plans and specifications.

Located at 5647 KPE Way Bldg A1 in Tyler, Texas, the property is zoned C-1 General Commercial, which allows office, retail, and medical uses. Shared parking totals 99 spaces, and the site has reported traffic counts of 34,726 VPD based on TxDOT 2024 data.

The property is 100% leased on a 3 year term, with lease commencement scheduled for September 2026.

Key Highlights

  • 3,480‑square‑foot office building on 1.887 acres
  • Under construction with 2026 year built
  • C‑1 General Commercial zoning allows office, retail, and medical uses

Financial Insights For Office B

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 $59.3k $17.04
− Vacancy −$3.3k −$0.94
EGI $56.0k $16.10
− OpEx −$14.0k −$4.03
NOI $42.0k $12.08
3,480 SF · lease $17.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$600.4K
$525.4K – $700.5K (±1% cap)
NOI $42,028 @ 7.0% cap · market cap 3.36%
Second Best
Retail
$579.2K
$506.8K – $675.8K (±1% cap)
NOI $40,545 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$776.7K
$679.6K – $906.2K (±1% cap)
NOI $54,371 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 75703, TX

44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Under construction with C-1 zoning supporting office, retail, and medical uses.
Where is this office building located?
The property is located at 5647 KPE Way Bldg A1 Tyler, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,480‑square‑foot office building on 1.887 acres; Under construction with 2026 year built; C‑1 General Commercial zoning allows office, retail, and medical uses
More about this property
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