Automotive and Service Flex
808 S Tyler Street Gladewater, TX 75647
For Sale
$350,000
COMMERCIAL - Gladewater, TX
Property Size3,900 SF
Lot Size1.29 Acres
Price / SF$89.74
Days on Market848
Property Features for 808 S Tyler Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.29 Acres
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Metal, Metal Siding, Slab
- Roof type
- Metal
Listing Agency:
BOLD Real Estate Group
(903) 291-1811
Listed By:
Mark Armstrong · License #0616432
(903) 374-5153
Added: Mar 29, 2024
Changed: Jul 24
Last Checked: Jul 24 at 11:06PM
MLS# 20241954
Copyright © 2026 Longview Area 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.
Investment Insights
Based on property information with market context.
This for-sale flex and service property in Gladewater offers two structures and a secured operations yard designed for automotive and light industrial use. The 1,500 SF metal office/shop includes a three-bay service garage, 14' overhead doors, a full bath, and compressed air lines. A second 2,400 SF owner-occupied barndominium-type structure provides two service bays, an 800 SF living area with full bath and kitchenette, central HVAC, foam-insulated interior, and a covered patio.
The site includes a security-fenced service yard with light gravel surfacing and two gated access points, including one with a rolling gate. Additional on-site features include RV hookups with a sewer connection, and a small portable office. The property is positioned at the intersection of US Highway 271 S and S Loop 485 and is near Gladewater Airport, with the surrounding area consisting of a mix of commercial and light industrial uses.
The property is zoned I-2 (heavy commercial) and is described as having strong visibility and access for a range of office-service, warehouse, or automotive business operations.
The site includes a security-fenced service yard with light gravel surfacing and two gated access points, including one with a rolling gate. Additional on-site features include RV hookups with a sewer connection, and a small portable office. The property is positioned at the intersection of US Highway 271 S and S Loop 485 and is near Gladewater Airport, with the surrounding area consisting of a mix of commercial and light industrial uses.
The property is zoned I-2 (heavy commercial) and is described as having strong visibility and access for a range of office-service, warehouse, or automotive business operations.
Key Highlights
- Built in 2004 with metal roof and metal siding on slab construction
- Zoned I‑2 (heavy commercial) and located at the intersection of US Highway 271 S and S Loop 485
- 1,500 SF metal office/shop includes a three‑bay service garage with 14' overhead doors, full bath, and compressed air lines; leased short‑term at $1,200/mo
Financial Insights For Warehouse
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 | $35.6k | $9.12 |
| − Vacancy | −$3.0k | −$0.78 |
| EGI | $32.5k | $8.34 |
| − OpEx | −$4.9k | −$1.25 |
| NOI | $27.7k | $7.09 |
3,900 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$754.7K
$660.3K – $880.4K
NOI $52,826 @ 7.0% cap · market cap 15.09%
Second Best
Warehouse
$395.2K
$345.8K – $461.1K
NOI $27,663 @ 7.0% cap · market cap 7.90%
Theoretical Best
Hotel Hospitality
$2.94M
$2.57M – $3.43M
NOI $205,628 @ 7.0% cap · market cap 58.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
In & Out Automotive
Auto Repair Shop
Rollin Ronnies
Restaurant
FAQs
What type of property is this?
Flex space - Zoned I-2 flex site with office/shop, three-bay service garage, and a barndominium-style structure with two service bays.
Where is this flex space located?
The property is located at 808 S Tyler Street Gladewater, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Built in 2004 with metal roof and metal siding on slab construction; Zoned I‑2 (heavy commercial) and located at the intersection of US Highway 271 S and S Loop 485; 1,500 SF metal office/shop includes a three‑bay service garage with 14' overhead doors, full bath, and compressed air lines; leased short‑term at $1,200/mo
