Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3909 Loop Rd 323 Tyler, TX 75701
    Back to Search
    Property profile & analytics

    3909 Loop Rd 323 Tyler, TX 75701

    View on Map
    • Land
    • 1.92 lot acres
    For Sale
    $1,250,000
    View Listing →
    Prime Tyler Commercial Land For Sale
    $1,250,000

    Prime Tyler Commercial Land

    1.92 Acres, High Visibility, Loop 323

    3909 Loop Rd 323, Tyler, TX 75701
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3909 Loop Rd 323

    Lot size
    1.92 lot acres
    Property type
    Land

    Description

    This exceptional 1.92-acre commercial land parcel presents a remarkable investment opportunity in Tyler, Texas. Strategically located at 3909 SSW Loop 323, the property boasts approximately 170 feet of frontage along this major thoroughfare, ensuring unparalleled visibility and accessibility. With a C-2 zoning designation, a wide range of commercial uses are permitted, making it ideal for various business ventures. The high traffic counts, averaging approximately 50,036 vehicles per day according to 2022 TxDOT data, underscore the significant potential for attracting customers and maximizing business exposure. The property's proximity to a major intersection, just 490 feet away, further enhances its strategic location and accessibility. The lot is identified by APN 150000085223029110 and is situated in Smith County, Texas, with a Tyler zip code of 75701. This prime location offers exceptional potential for development and represents a rare opportunity to acquire a highly visible and well-positioned commercial property in a thriving Texas market. The asking price for this exceptional property is $1,250,000. Don't miss this chance to secure a piece of Tyler's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3382
    Latitude
    32.3065

    Comparable in this City

    • Value Estimation by Request
      1.79 Acres

      1203 Loop

      Specialty properties • 14,125 SF
      1203 Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      92.00 Acres

      364 And Loop

      Land • 92.00 Acres
      364 And Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      8.29 Acres

      3462 Walton Rd

      Land • 8.29 Acres
      3462 Walton Rd, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      14.00 Acres

      3201 University Blvd

      Land • 14.00 Acres
      3201 University Blvd, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      0.87 Acres

      601 Loop

      Land • 0.87 Acres
      601 Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request

      1909 Loop

      Restaurants
      1909 Loop, Tyler, TX 75701
      View Details

    Similar Nearby for Sale

    • $1,805,780

      Land Available in Tyler, Texas

      Land for sale on Southwest Loop 323, Tyler, TX
      Southwest Loop 323, Tyler, TX 75701
      View Details
    • $995,000

      Land Available For Sale

      Land available for sale at Southwest Loop 323, Tyler, TX.
      3909 S Southwest Loop 323, Tyler, TX 75701
      View Details
    • $85,000

      Land Available in Tyler, Texas

      Land for sale at 2201 N Broadway Ave, Tyler, TX
      2201 N Broadway Ave, Tyler, TX 75701
      View Details
    • $1,800,000

      Land for Sale

      Land available for purchase on McDonald Road, Tyler, TX.
      3980 Mcdonald Rd, Tyler, TX 75701
      View Details
    • Contact for pricing

      Land For Sale, Tyler, TX

      Land available for purchase in Tyler, Texas.
      601 E Southeast Loop 323, Tyler, TX 75701
      View Details
    • $1,250,000
      1.92 Acres

      Prime Tyler Commercial Land

      1.92 Acres, High Visibility, Loop 323
      3909 Loop Rd 323, Tyler, TX 75701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Pad Site For Lease

      0.4 acre pad site in high-traffic Tyler location.
      1909 E Loop Rd SE, Tyler, TX 75701
      View Details
    • $6,525 /Mo
      18,034 SF

      Tyler Office Building For Lease

      Commercial office building with multiple offices and parking spaces.
      200 E Amherst St, Tyler, TX 75701
      View Details
    • $1,000 /Mo
      27,922 SF

      Open-Concept Office Space For Rent

      1200 SF open-concept office space with convenient parking.
      4011 Old Noonday Rd, Tyler, TX 75701
      View Details
    • Contact for pricing

      Convenient Office Spaces Inside Loop

      Two office spaces with excellent layouts and ample parking.
      611 Chase Dr, Tyler, TX 75701
      View Details
    • Contact for pricing

      Class A Office Building

      Premier office building with excellent visibility and access.
      821 E Loop Rd SE, Tyler, TX 75701
      View Details
    • Contact for pricing

      High-Visibility Retail Location For Rent

      Retail space in a busy commercial corridor with high traffic.
      322 E Loop Rd SE, Tyler, TX 75701
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3909 Loop Rd 323
    Tyler, TX 75701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3909 Loop Rd 323, Tyler, TX, 75701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!