Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1316 Vine Ave Tyler, TX 75701
    Back to Search
    Property profile & analytics

    1316 Vine Ave, Tyler, TX 75701

    View on Map
    • Retail properties & Spaces
    • 3,198 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dragon's Breath / (Bike/Boat/Book/etc) Store
    • Texas Taser / Training Center / Sports School
    • Bitcoin Depot - Bitcoin ATM / Crypto Atm / Atm

    Property Details for 1316 Vine Ave

    Year built
    1916
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This prime Tyler, Texas commercial property, located at 1316 S Vine Ave, 75701, presents a unique investment opportunity. The 3,198 square foot storefront, built in 1916, sits on a high-traffic road and boasts 100% occupancy. Currently housing a vape shop and a tattoo parlor, the property offers a blend of owner-user and rental income potential. The vape shop, the oldest in Tyler, is included in the sale, complete with its inventory. The tattoo parlor operates under a lease agreement, providing consistent rental income. The property is zoned commercial and features one single-story building. The asking price is $750,000, translating to $234.52 per square foot. This represents a strong return on investment given the established businesses and high visibility location. The property's long-standing success and consistent rental income stream make it an attractive proposition for discerning investors. The sale includes the existing vape shop inventory. This is a gross lease arrangement with a single tenant. The property's APN is 1-50000-0314-03-030000.

    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
    -95.31
    Latitude
    32.3346

    Comparable in this City

    • Value Estimation by Request
      1,104 SF

      2430 Loop

      Individual retail properties
      2430 Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request

      2310 Loop

      Individual retail properties
      2310 Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      7,468 SF

      1500 Loop

      Restaurants
      1500 Loop, Tyler, TX 75701
      View Details
    • Value Estimation by Request
      3,111 SF

      1803 Vine Ave

      RETAIL STORES (PERSONAL SERVICES)
      1803 Vine Ave, Tyler, TX 75701-3817
      View Details
    • Value Estimation by Request
      1,090 SF

      909 Vine Ave

      RETAIL STORES (PERSONAL SERVICES)
      909 Vine Ave, Tyler, TX 75701-1463
      View Details
    • Value Estimation
      $3,720,000
      33,941 SF

      4015 Broadway Ave

      RETAIL STORES (PERSONAL SERVICES)
      4015 Broadway Ave, Tyler, TX 75701-8727
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,376 SF

      Loop 323 Freestanding Retail Building

      Freestanding retail building with excellent visibility and easy access.
      1593 W Southwest Loop 323, Tyler, TX 75701
      View Details
    • $4,652,175
      2,340 SF

      7-Eleven Investment Opportunity

      NNN Leased Tyler, TX 7-Eleven
      3401 S Broadway Ave, Tyler, TX 75701
      View Details
    • Contact for pricing
      6,370 SF

      Retail Building on Broadway Avenue

      Retail building for sale in Tyler, Texas.
      3910 S Broadway Ave, Tyler, TX 75701
      View Details
    • Contact for pricing
      1,481 SF

      Tyler Retail Property For Sale

      Retail property available for purchase in Tyler, Texas.
      2704 E 5Th St, Tyler, TX 75701
      View Details
    • Contact for pricing
      4,805 SF

      Retail Opportunity Near UT Tyler

      High-visibility retail space across from The University of Texas.
      3806 University Blvd, Tyler, TX 75701
      View Details
    • Contact for pricing
      4,893 SF

      Midtown Tyler Investment Opportunity

      Prime 1.09-acre site with redevelopment potential in Midtown Tyler.
      2011 S Beckham Ave, Tyler, TX 75701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,233 SF

      Retail Space with Great Frontage

      Open retail space available for rent with great frontage.
      1700 S Southeast Loop 323, Tyler, TX 75701
      View Details
    • Contact for pricing
      1,620 SF

      Retail Space Available For Lease

      Retail space available for lease, 1620 square feet.
      2701 W Loop Rd SW, Tyler, TX 75701
      View Details
    • Contact for pricing
      3,860 SF

      Retail Space in Tyler, Texas

      Retail space available for lease in Tyler, Texas.
      322 E Southeast Loop 323, Tyler, TX 75701
      View Details
    • Contact for pricing
      3,161 SF

      Retail Space in Tyler, TX

      900 SF retail space available for rent in Tyler.
      2413 E 5Th St, Tyler, TX 75701
      View Details
    • Contact for pricing
      1,312 SF

      Retail Space Near National Retailers

      Retail space near national retailers and high school.
      4015-4043 S Broadway Ave, Tyler, TX 75701
      View Details
    • 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
    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.
    1316 Vine Ave
    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
    1316 Vine Ave, 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!