Office Retail For
5647 KPE Way, Tyler, TX 75703
Office - Tyler, TX
Type:Office
Property size:
1,740 SFLot size:
1.89 AcresPrice / SF:
$225/SF- Added:
- May 22, 2026
- Days on Market:
- 9
- Last Refresh:
- May 30 at 5:06 pm
Property Features for 5647 KPE Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Property condition
- New Construction
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R218391
- Size
- 1,740 SF
- Lot size
- 1.89 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2026
- Roof type
- Flat
- Architectural style
- Other
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate 11621 CR 166, Tyler, TX (903) 581-3737
Listing date May 22, 2026
MLS# 21154378
Listing URL
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
- New Construction: Delivered in shell condition Summer 2026, allowing for customized build‑out.
- High Traffic Location: Benefits from significant exposure with 34,726 vehicles per day (VPD).
- Flexible Purchase Options: Available as a full building or half building purchase.
- Ample Parking: Features 99 shared parking spaces.
- Zoning: Zoned C‑1, suitable for office or retail use.
- Central Heating and Cooling: Equipped with central electric heating and central air conditioning.
Overview
This freestanding office retail property, located in Tyler, TX, is available for sale. The property, with zoning C-1, is scheduled for delivery in shell condition in Summer 2026. The property has 1,740 square feet of space and is situated on a 1.887-acre lot. There are a total of 99 shared parking spaces available. The traffic count is 34,726 vehicles per day (TxDot '24).
Local 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 | $29.6k | $17.04 |
| − Vacancy | −$1.6k | −$0.94 |
| EGI | $28.0k | $16.10 |
| − OpEx | −$7.0k | −$4.03 |
| NOI | $21.0k | $12.08 |
1,740 SF · lease $17.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.2K
$262.7K – $350.2K
NOI $21,014 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$388.4K
$339.8K – $453.1K
NOI $27,185 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3184
- Latitude
- 32.2466
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Freestanding office retail property for sale, delivery Summer 2026.
Where is this office building located?
The property is located at 5647 KPE Way Tyler, TX.
What is the asking price?
The asking price for this property is $391,500.
What are key features of this property?
This property features: New Construction: Delivered in shell condition Summer 2026, allowing for customized build‑out.; High Traffic Location: Benefits from significant exposure with 34,726 vehicles per day (VPD).; Flexible Purchase Options: Available as a full building or half building purchase.
