3401 G. Dr, Tyler, TX 75707
This 7,806 square foot office building, situated on a 0.64-acre lot at the corner of Telephone Road & G E Drive in Smith County, offers a unique investment opportunity. Conveniently located near Loop 323 and the UT Tyler campus, this former photography studio boasts two entrances and ample parking for approximately 32 vehicles. The building, constructed in 1959, is a two-story Class B property zoned M-1 Industrial. The ground floor comprises several offices, restrooms, common areas including a reception area, a large closet, and dressing rooms. A significant portion of the first floor (approximately 5,600 square feet) is dedicated to a large, open studio space. The second floor, encompassing roughly 2,203 square feet, features additional offices (one with a private bath and closet), a large open workspace with built-in desks, a break room, and another restroom. Access to the second floor is provided via two stairwells, one internal and one external. This single-tenant property is offered as a triple net (NNN) lease; the listed price excludes NNN expenses. The property's versatile layout makes it suitable for a variety of office uses, including traditional, creative, and medical practices.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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