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    1801 Loop Rd 323 Tyler, TX 75701

    Sponsored
    For Lease
    $14 SF/Yr ($10,438 /Mo)

    Prime Retail/Office Opportunity in Growing Area

    Lot size:
    8,947 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Paluxy Plaza presents a unique investment opportunity in a thriving retail location. This single-story, 8,947 square foot building sits on a 1.28-acre lot at a hard corner of Loop 323, offering excellent visibility and accessibility. Constructed in 1975, the property features a total of five suites, currently offering two vacant spaces ideal for a variety of retail or office uses. One space measures approximately 1,400 square feet, while the second comprises 2,139 square feet. The total vacant space available is 2,139 square feet, providing flexibility for expansion or multiple tenants. The property's multiple tenancy structure allows for diverse income streams and potential for future growth. Its convenient location on Loop 323 ensures high traffic volume and strong exposure to potential customers. This is an exceptional opportunity to acquire a well-situated retail/office property with immediate income potential and significant upside. The property's single-story design and ample parking provide convenience for both tenants and customers. The existing infrastructure is well-maintained, minimizing immediate capital expenditure needs. This property is perfect for investors seeking a stable, income-generating asset in a high-traffic area. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 1801 Loop Rd 323

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,947 SF
    Total Rate
    10438.17

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 400
    Size
    1,757 SF
    Rate per SF
    $19
    Space
    Suite 500
    Size
    3,896 SF
    Rate per SF
    $14

    HighLights

    • Retail property totaling 8,947 square feet.
    • Five suites available in a single‑story building.
    • 2,139 square feet of vacant space available for lease.
    • Situated on a 1.28‑acre lot.
    • Built in 1975.
    • Two available retail spaces ranging from 1,400 to 2,139 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -95.27852
    Latitude
    32.3084538

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    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office Opportunity in Growing Area
    Where is this retail property located?
    The property is located at 1801 Loop Rd 323 Tyler, TX.
    What is the lease rate?
    The lease rate is $14-$19 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 8,947 square feet.; Five suites available in a single-story building.; 2,139 square feet of vacant space available for lease.
    Request Owner's contact information
    1801 Loop Rd 323 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
    1801 Loop Rd 323 Tyler, TX 75701
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