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    Flex Office and Shop Space Title is generated by Realmo AI

    5719 American Legion Road, Tyler, TX 75708

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    For Lease
    $4,000/Mo $60 SF/Yr (calc)

    COMMERCIAL - Tyler, TX

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

    Property Features for 5719 American Legion Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    100000032200001020
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Description
    .3 ACRES OUT OF TOTAL LAND OWNED BY OWNER

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2022
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding, Concrete
    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# 20848595

    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

    • About 800 SF office space with 2 bathrooms
    • 3 ground‑level bay doors with open shop space
    • Built in 2022
    • Metal roof and metal siding with concrete construction materials
    • Electric heating and electric cooling
    • Garage parking

    Overview

    This flex-style building includes approximately 800 square feet of office space, complemented by an open shop area designed for flexible work and operational needs. The office portion features two bathrooms, providing convenient onsite restroom service. For loading and workflow, the property is equipped with three ground-level bay doors, supporting straightforward access for vehicles, equipment, or materials associated with light industrial and trade uses.

    Located at 5719 American Legion Road in Tyler, Texas 75708, the building sits on a 0.3-acre lot. The ground-level bay configuration is especially practical for tenants who want to move between the shop and office areas without navigating additional levels.

    This setup can be a strong fit for operators who need both functional workspace and on-site administrative space in the same facility. Tenants that benefit from a clearly defined office component alongside open shop working area may find the layout efficient for managing crews, coordinating jobs, and maintaining daily production or service activity. The combination of dedicated office space, two restrooms, and multiple ground-level bay doors supports a versatile, business-first floorplan.
    Property Profile Location Intelligence

    Current Use by Public Records

    East Texas Concrete Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.262381
    Latitude
    32.387016

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    FAQs

    What type of property is this?
    Flex space - Ground-level bay access and a dedicated office with two restrooms support an open shop layout for day-to-day operations.
    Where is this flex space located?
    The property is located at 5719 American Legion Road Tyler, TX.
    What is the lease rate?
    The lease rate is $4,000 /Mo.
    What are key features of this property?
    This property features: About 800 SF office space with 2 bathrooms; 3 ground‑level bay doors with open shop space; Built in 2022
    (972) 980-9393
    We can help!
    Listing Contact
    Maria Araujo
    Real Estate License ID: 0521990
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    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.

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