2702 5Th St Tyler, TX 75701
This thriving retail center, Loop East Shopping Center, presents a unique investment opportunity in Tyler, Texas. Located at the northeast corner of East Fifth Street and Loop 323, this property boasts exceptional visibility and accessibility. The 78,594 square foot shopping center sits on 10.11 acres of land and is zoned M-1. Currently, there are four available retail spaces ranging in size from 1,481 square feet to 9,913 square feet, totaling 18,896 square feet of vacant space. The property's prime location offers significant advantages, with proximity to the new Chapel Hill ISD Junior High School under construction and less than a mile from both the University of Texas at Tyler and Tyler Junior College's main campus. This strategic positioning ensures high foot traffic and a strong potential customer base. The property's APN is 15000-0095-00-1003010 and is situated in Smith County, Texas, with the address being 2702 E 5th St, Tyler, TX 75701. This is an excellent opportunity to establish or expand your retail presence in a rapidly growing area. The multiple tenancy structure provides flexibility for various retail concepts. Don't miss this chance to secure a prominent location in a vibrant and expanding community.
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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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.