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    3816 State Highway 64 Tyler, TX 75702

    For Lease
    Contact for pricing

    2,216 SF Single-Tenant Building, Drive-Thru

    Lot size:
    2,216 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,216-square-foot retail building, situated at 3816 State Hwy 64 in Tyler, Texas, presents a compelling investment or lease opportunity. The property boasts a single-tenant occupancy, offering immediate potential for a quick-service restaurant (QSR) or other retail businesses. The building is situated on a pad site within a Walmart-anchored center, ensuring high visibility and significant foot traffic. The entire 2,216 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The single-story structure is conveniently located in Smith County, Texas, with easy access to State Highway 64, offering excellent accessibility for customers and employees. The property's classification as both retail and land suggests potential for redevelopment or expansion, making it an attractive option for long-term growth. The zip code is 75702. This location offers a strong foundation for a thriving business, benefiting from the established commercial presence and high traffic volume of the surrounding area. The drive-thru capability adds significant value for QSR concepts. This is a rare opportunity to secure a prime retail space in a high-demand location. The property is ready for immediate occupancy.

    Property Features for 3816 State Highway 64

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,216 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,216 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Verizon Electronics Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.346121042509
    Latitude
    32.353984390461

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    FAQs

    What type of property is this?
    Land - 2,216 SF Single-Tenant Building, Drive-Thru
    Where is this land located?
    The property is located at 3816 State Highway 64 Tyler, TX.
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    Tyler, TX 75702
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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
    3816 State Highway 64 Tyler, TX 75702
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