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    2400-2500 5Th St Tyler, TX 75701

    For Lease
    $11 SF/Yr

    Retail Center - High-Traffic Location

    Lot size:
    25,527 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Lone Star Shopping Center, situated in Tyler, Texas, presents a compelling investment opportunity. This established retail center, totaling 25,527 square feet, is strategically located within Loop 323 on East Fifth Street in Smith County, offering excellent visibility and accessibility. Built in 1976, the property sits on a 2.89-acre lot and provides ample parking with 40 spaces. Currently, there are 11,126 square feet of vacant space available, offering immediate potential for lease income. The available spaces range in size from 893 square feet to 3,161 square feet, catering to a variety of retail tenants. The property is zoned C-2, allowing for a range of commercial uses. This prime location within a busy commercial corridor provides high traffic counts and strong potential for attracting a diverse tenant mix. The center's existing infrastructure and established presence in the community make it an attractive option for both established businesses and new ventures. With its convenient location and significant vacant space, Lone Star Shopping Center offers a unique opportunity to capitalize on the thriving retail market in Tyler, Texas. The property's address is 2400-2500 Fifth St, Tyler, TX 75701.

    Property Features for 2400-2500 5Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,527 SF
    Total Rate
    23399.75

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Suite 2523
    Size
    1,200 SF
    Rate per SF
    $12
    Space
    Suite 2525
    Size
    905 SF
    Rate per SF
    $12
    Space
    Suite 2521
    Size
    893 SF
    Rate per SF
    $12
    Space
    Suite 2419
    Size
    3,161 SF
    Rate per SF
    $11

    HighLights

    • High‑traffic location with excellent retail potential.
    • Convenient access via Loop 323.
    • Lone Star Center's design ensures efficient traffic flow.
    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
    -95.2706073
    Latitude
    32.3322045

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    FAQs

    What type of property is this?
    Retail property - Retail Center - High-Traffic Location
    Where is this retail property located?
    The property is located at 2400-2500 5Th St Tyler, TX.
    What is the lease rate?
    The lease rate is $11-$12 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with excellent retail potential.; Convenient access via Loop 323.; Lone Star Center's design ensures efficient traffic flow.
    Request Owner's contact information
    2400-2500 5Th St 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
    2400-2500 5Th St Tyler, TX 75701
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