Building Details

Tenancy Single

Listing Agency: Drake Real Estate & Investment o***@draketexas.com Show Phone

Listed By: Becky Mccord · License #644702

Source: Crexi

Added: Nov 22, 2024 Changed: Aug 8 Last Checked: Aug 12 at 9:34AM

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Investment Insights

Based on property information with market context.

This commercial land is an excellent redevelopment location for retail users. It is situated on Highway 64 West in Tyler and anchored by a Walmart Supercenter. The property is located at the high-traffic intersection of Loop 323 and Highway 64.

Property Analytics

Property Profile

Current Use

Verizon Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

240

Businesses Nearby

332k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 37% Superstores 30% Shops & Services 17% Groceries 13%

Walmart Superstores

98,763 visits/mo 0.2 miles

Super 1 Foods & Pharmacy Groceries

25,952 visits/mo 0.2 miles

McDonald's Dining

23,445 visits/mo 0.2 miles

Murphy USA Shops & Services

20,389 visits/mo 0.1 miles

Dollar Tree Shops & Services

17,125 visits/mo 0.1 miles

Demographics for 75702, TX

26,777

Population

10,273

Households

2.6

Avg Household Size

32

Median Age

8%

College-Educated

72%

High-School Grad

14.1 sq mi

ZIP Area

1,899

Density / Sq Mi

$51,177

Median Household Income

$30,399

Median Earnings

$906

Median Rent

$99,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Excellent redevelopment location for retail users, anchored by Walmart Supercenter.

Where is this commercial land located?

The property is located at 3816 State Hwy 64 Tyler, TX.