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    2701 Loop Rd 323 Tyler, TX 75701

    Sponsored
    For Lease
    $16 SF/Yr ($17,337 /Mo)

    Prime Office Space, Hwy 155 Access

    Lot size:
    13,003 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 13,003 square foot commercial building, constructed in 2010, offers a blend of traditional and medical office spaces within the Southwest Crossing Shopping Center. The property features seven suites in total, with 3,121 square feet currently available for lease. One immediately available suite offers 1,620 square feet, ideal for a variety of businesses. The building boasts excellent visibility and accessibility, situated near the intersection of Hwy 155 (Frankston Hwy) and Loop 323, benefiting from high traffic volume. A 2021 Texas Department of Transportation traffic count recorded 40,519 vehicles per day on Loop 323, ensuring significant exposure for tenants. Access is convenient from three directions. Ample parking is provided with 49 spaces available for building occupants and visitors. The property is zoned PCD (Planned Commercial Development) within Smith County. This presents a unique opportunity for businesses seeking a well-located, versatile office space in a high-traffic area. The building's single-story design and multiple suite options offer flexibility for various business needs and sizes. The available space is ready for immediate occupancy.

    Property Features for 2701 Loop Rd 323

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,003 SF
    Total Rate
    17337.33

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 150
    Size
    1,620 SF
    Rate per SF
    $16

    HighLights

    • Retail, restaurant, and office property totaling 13,003 square feet.
    • Seven suites in a single, one‑story building constructed in 2010.
    • Currently, 3,121 square feet of vacant space is available for lease.
    • 49 total parking spaces are available for tenants and customers.
    • Located in Smith County with PCD (Planned Commercial Development) zoning.
    • Excellent visibility and accessibility from Loop 323 and Hwy 155 (Frankston Hwy), with high traffic counts (40,519 VPD in 2021).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -95.333163286076
    Latitude
    32.305220139989

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    FAQs

    What type of property is this?
    Restaurant - Prime Office Space, Hwy 155 Access
    Where is this restaurant located?
    The property is located at 2701 Loop Rd 323 Tyler, TX.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Retail, restaurant, and office property totaling 13,003 square feet.; Seven suites in a single, one-story building constructed in 2010.; Currently, 3,121 square feet of vacant space is available for lease.
    Request Owner's contact information
    2701 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
    2701 Loop Rd 323 Tyler, TX 75701
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