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    501 Shelley Dr Tyler, TX 75701

    For Lease
    $20 SF/Yr

    Tyler Office Space: 9,800 - 11,061 SF

    Lot size:
    69,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Class A office building, the Heartland Financial Center, offers prime commercial space in Tyler, Texas. The property boasts a total of 69,544 square feet across two stories, housed within a single building. Currently, two suites are available, ranging from 9,800 to 11,061 square feet, both located on the first floor. The building features convenient elevator access and is situated in a tranquil, park-like setting, offering a welcome contrast to the nearby vibrant retail corridor. Its location provides easy access to Loop 323, just one mile to the south, ensuring excellent connectivity for businesses and employees. The Heartland Financial Center is a full-service office building, catering to a variety of business needs, including traditional office spaces, coworking arrangements, executive offices, and creative office layouts. The multiple tenancy structure allows for flexibility and adaptability to suit diverse business requirements. This is a rare opportunity to secure high-quality office space in a desirable location with convenient amenities and excellent accessibility. The building's design and location make it an ideal choice for businesses seeking a professional and productive work environment. The available suites provide ample space for growth and expansion, making this a compelling investment opportunity. The property's proximity to the bustling retail area of Tyler offers employees a wide range of dining, shopping, and entertainment options.

    Property Features for 501 Shelley Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    69,544 SF
    Class
    A
    Total Rate
    115906.67

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Space 1
    Size
    9,800 SF
    Rate per SF
    $20
    Space
    Space 2
    Size
    11,061 SF
    Rate per SF
    $20

    HighLights

    • Class A, 69,544 square foot office building.
    • Two available suites ranging from 9,800 to 11,061 square feet.
    • Located near Tyler's retail corridor, one mile north of Loop 323.
    • Full‑service building with multiple tenants.
    • Features one two‑story building with elevators.
    • Address includes Manhattan Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premium Convenience Services Financial Institution Claims Administrative Services, ... Insurance Agency Hibbs-Hallmark & Company Insurance Insurance Agency Nationwide Recovery Systems Professional Services Pathfinder Intelligence, Inc. Research And Product Development

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -95.3055538
    Latitude
    32.3056407

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    FAQs

    What type of property is this?
    Office space - Tyler Office Space: 9,800 - 11,061 SF
    Where is this office space located?
    The property is located at 501 Shelley Dr Tyler, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A, 69,544 square foot office building.; Two available suites ranging from 9,800 to 11,061 square feet.; Located near Tyler's retail corridor, one mile north of Loop 323.
    Request Owner's contact information
    501 Shelley Dr 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
    501 Shelley Dr Tyler, TX 75701
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