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    2011 Beckham Ave Tyler, TX 75701

    For Sale
    $865,000

    Three buildings, 4,893 sq ft, 100% leased.

    Property size:
    4,893 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents three contiguous properties totaling 1.09 acres in Tyler, Texas's vibrant Midtown area. The site boasts approximately 439 feet of frontage on South Beckham Avenue, ensuring high visibility and accessibility. The property comprises three single-story buildings, each constructed between 1933 and 1940, currently housing three separate tenants at 100% occupancy under a gross lease structure. The buildings offer a combined 4,893 square feet of traditional office space. The current zoning, Adaptive Reuse (AR) and Restricted Professional Office (RPO), allows for diverse redevelopment possibilities, making this an ideal value-add, owner-user, or redevelopment project. The property's prime location near the medical district offers significant potential for future growth and increased rental income. The asking price is $865,000, translating to $176.78 per square foot. This is a rare chance to acquire a well-located, fully leased, multi-tenant property with significant upside potential in a thriving Texas market. The property's history and current use, combined with its flexible zoning, present a unique opportunity for investors seeking a strong return on investment.

    Property Features for 2011 Beckham Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,893 SF
    Class
    B
    Lot Size
    47,480 SF

    Building Details

    Year Built
    1933
    Buildings
    3
    Stories
    1

    HighLights

    • Prime location with high visibility.
    • High traffic counts ensure strong customer base.
    • Excellent redevelopment opportunity for future growth.
    • Fully leased, providing immediate and stable cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Legacy Hairart Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2889554
    Latitude
    32.3272019

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    FAQs

    What type of property is this?
    Office Property / Space - Three buildings, 4,893 sq ft, 100% leased.
    Where is this office property / space located?
    The property is located at 2011 Beckham Ave Tyler, TX.
    What is the asking price?
    The asking price for this property is $865,000.
    What are key features of this property?
    This property features: Prime location with high visibility.; High traffic counts ensure strong customer base.; Excellent redevelopment opportunity for future growth.
    (903) 597-1800
    Request Owner's contact information
    2011 Beckham Ave Tyler, TX 75701
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    Tyler, TX 75701
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2011 Beckham Ave Tyler, TX 75701
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