2011 Beckham Ave Tyler, TX 75701
- Commercial real estate
- 4,893 SF
- 1.09 lot acres
Current Use by Public Records
- Legacy Hairart / Hair Salon
Property Details for 2011 Beckham Ave
- Year built
- 1933
- Lot size
- 1.09 lot acres
- Property size
- 4,893 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents three contiguous properties totaling 1.09 acres in Tyler, Texas's vibrant Midtown area. The site boasts approximately 439 feet of frontage on South Beckham Avenue, ensuring high visibility and accessibility. The property comprises three single-story buildings, each constructed between 1933 and 1940, currently housing three separate tenants at 100% occupancy under a gross lease structure. The buildings offer a combined 4,893 square feet of traditional office space. The current zoning, Adaptive Reuse (AR) and Restricted Professional Office (RPO), allows for diverse redevelopment possibilities, making this an ideal value-add, owner-user, or redevelopment project. The property's prime location near the medical district offers significant potential for future growth and increased rental income. The asking price is $865,000, translating to $176.78 per square foot. This is a rare chance to acquire a well-located, fully leased, multi-tenant property with significant upside potential in a thriving Texas market. The property's history and current use, combined with its flexible zoning, present a unique opportunity for investors seeking a strong return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.2889554
- Latitude
- 32.3272019
