5647 KPE Way, Tyler, TX 75703
SINGLE_FAMILY - Tyler, TX
- Added:
- May 22, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 9 at 5:06 pm
Property Features for 5647 KPE Way
General Information
- Property type
- Residential
- Property subtype
- Office
- Property condition
- Under Construction
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- R218391
- Size
- 3,480 SF
- Lot size
- 1.89 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Roof type
- Flat
Listing agent Matthew Marshall License #0544812 (903) 581-3737
Listing office Drake Real Estate Tyler, TX (903) 581-3737
Listing date May 22, 2026
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
- Freestanding office/retail development with 2 buildings available: full building or half building (listed separately)
- Delivery planned for summer 2026; property will be delivered in shell condition
- Zoned C‑1
- Flat roof; Central electric heating and central air conditioning
- Utilities: public water and public sewer
- Shared parking lot with 99 total spaces; traffic counts of 34,726 VPD (TxDot ’24)
Overview
The site is located at 5647 KPE Way in Tyler, TX 75703. Shared parking totals 99 spaces. Nearby traffic is supported by TxDOT-reported counts of 34,726 VPD (’24), which can be beneficial for retail-leaning tenants and office users seeking convenient visibility.
Because the space will be delivered in shell condition, it may appeal to tenants and investors who want to build out to their own specifications. The C-1 zoning and office-retail character can support a range of neighborhood-oriented commercial uses, making this option worth evaluating for operators planning phased occupancy or buyers interested in customizing layout and finishes after delivery.
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 | $59.3k | $17.04 |
| − Vacancy | −$3.3k | −$0.94 |
| EGI | $56.0k | $16.10 |
| − OpEx | −$14.0k | −$4.03 |
| NOI | $42.0k | $12.08 |
Alternative Uses
Current Use by Public Records
Map
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3313248
- Latitude
- 32.2880977
