Two-Unit Office
7282 Crosswater, Tyler, TX 75703
For Sale
New
$1,295,000
Commercial Sale, Tyler, TX
Property Size3,686 SF
Lot Size0.95 Acres
Price / SF$351.33
Days on Market1
Property Features for 7282 Crosswater
General Information
Property type
Property subtype
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Sewer type
Amenities
reception area
private offices
conference room
breakroom kitchen
storage closet
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Dwell Realty
(903) 525-9317
Listed By:
David Kurtz · License TX #0636001
(903) 574-2888
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26015243
Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 2016 stucco office building contains 3,686 square feet arranged as two separate units. Its layout includes a reception area, four private offices, a 14.5-by-12-foot conference room, two restrooms, a breakroom kitchen, and a utility and storage closet. The reception area can be converted to a fifth private office. Public sewer service is available.
The offering comprises three parcels totaling approximately 0.952 acres. A separate 0.307-acre parcel is located across from The Coco Bean, and Legacy Trail is nearby. The building’s two-unit configuration and the additional parcel are included in the same offering.
The offering comprises three parcels totaling approximately 0.952 acres. A separate 0.307-acre parcel is located across from The Coco Bean, and Legacy Trail is nearby. The building’s two-unit configuration and the additional parcel are included in the same offering.
Key Highlights
- Two office units with 3,686 square feet in the building
- Three parcels totaling approximately 0.952 acres
- Separate 0.307‑acre parcel across from The Coco Bean
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,516
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,320
$890.3K
Cap Rate 7%
$635,943
$635.9K
Cap Rate 9%
$494,622
$494.6K
Market Conditions
NOI Build-Up for 3,686 SF
Gross rent
$62.8K $17.04/SF
− Vacancy
−$3.5K −$0.94/SF
EGI
$59.4K $16.10/SF
− OpEx
−$14.8K −$4.03/SF
NOI
$44.5K $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%
$890,320
Cap Rate 7%
$635,943
Cap Rate 9%
$494,622
Alternative Uses
Best Use
Office B
$635.9K
$556.5K – $741.9K
NOI $44,516 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.7K
$719.9K – $959.8K
NOI $57,589 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
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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
$310,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Tyler, TX
Properties on Market for Office Units in Tyler
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A professional layout features reception, private offices, a conference room, breakroom kitchen, and two restrooms.
Where is this office unit located?
The property is located at 7282 Crosswater Tyler, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two office units with 3,686 square feet in the building; Three parcels totaling approximately 0.952 acres; Separate 0.307‑acre parcel across from The Coco Bean
