For Sale
$783,000
5647 Kpe Way Unit Option 1, Tyler, TX 75703
Scheduled for Summer 2026 delivery with shared parking and C-1 zoning for commercial buildout.
Property Size3,480 SF
Lot Size1.89 Acres
Price / SF$225
Days on Market293
Property Features for 5647 Kpe Way Unit Option 1
General Information
Standard status
Active
Property type
Office Units, Office Spaces, Retail space, Retail properties & Spaces, Commercial real estate
Size
3,480 SF
Lot size
1.89 Acres
Building Details
Year Built
2026
Listed By:
Matthew Marshall
(903) 581-3737
Added: Jan 14
Changed: Sep 10
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Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,028
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,560
$840.6K
Cap Rate 7%
$600,400
$600.4K
Cap Rate 9%
$466,978
$467.0K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$59.3K $17.04/SF
− Vacancy
−$3.3K −$0.94/SF
EGI
$56.0K $16.10/SF
− OpEx
−$14.0K −$4.03/SF
NOI
$42.0K $12.08/SF
Area
Tyler, TX
Vacancy
5.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,560
Cap Rate 7%
$600,400
Cap Rate 9%
$466,978
Alternative Uses
Best Use
Office B
$600.4K
$525.4K – $700.5K
NOI $42,028 @ 7.0% cap · market cap 5.37%
Second Best
Retail
$579.2K
$506.8K – $675.8K
NOI $40,545 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$776.7K
$679.6K – $906.2K
NOI $54,371 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - Scheduled for Summer 2026 delivery with shared parking and C-1 zoning for commercial buildout.
Where is this office unit located?
The property is located at 5647 Kpe Way Unit Option 1 Tyler, TX.
What is the asking price?
The asking price for this property is $783,000.
