Four-Office Commercial
For Sale
$360,000
6115 New Copeland Rd Unit 140, Tyler, TX 75703
End-unit office layout with reception, kitchen, private restroom, and flexible room configurations for daily business operations.
Property Size1,392 SF
Price / SF$258.62
Days on Market86
Property Features for 6115 New Copeland Rd Unit 140
General Information
Standard status
Active
Size
1,392 SF
Building Details
Year Built
2015
Listing Agency:
Prime Realty, LLC
Listed By:
Shawna Jackson · License #0634279
(817) 521-1124
Source:
Yourdavisteam
Added: Jul 20
Changed: Oct 13
Last Checked: Oct 7 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Realty, LLC
Investment Insights
Based on property information with market context.
This office unit was built in 2015 and includes four private offices, a reception area, a kitchen, and a private restroom. The end position within the complex provides natural light and an open feel, while the rooms can be adapted for conference or copy functions.
The property is located at 6115 New Copeland Rd Unit 140 in Tyler, Texas, near stores, restaurants, and other businesses. Its accessible setting supports convenient day-to-day use for a range of office operations.
The property is located at 6115 New Copeland Rd Unit 140 in Tyler, Texas, near stores, restaurants, and other businesses. Its accessible setting supports convenient day-to-day use for a range of office operations.
Key Highlights
- Four private offices plus reception area
- End‑of‑complex position brings in natural light
- Kitchen and private restroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,811
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,220
$336.2K
Cap Rate 7%
$240,157
$240.2K
Cap Rate 9%
$186,789
$186.8K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$23.7K $17.04/SF
− Vacancy
−$1.3K −$0.94/SF
EGI
$22.4K $16.10/SF
− OpEx
−$5.6K −$4.03/SF
NOI
$16.8K $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%
$336,220
Cap Rate 7%
$240,157
Cap Rate 9%
$186,789
Alternative Uses
Best Use
Office B
$240.2K
$210.1K – $280.2K
NOI $16,811 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$310.7K
$271.9K – $362.5K
NOI $21,748 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
174
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - End-unit office layout with reception, kitchen, private restroom, and flexible room configurations for daily business operations.
Where is this office units located?
The property is located at 6115 New Copeland Rd Unit 140 Tyler, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Four private offices plus reception area; End‑of‑complex position brings in natural light; Kitchen and private restroom included
