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Property summary
This two-story, 15,080 square foot Class C office building is situated at the intersection of 5th Street & Broadway Ave in Tyler, Texas, offering unparalleled access to Tyler's thriving retail corridor, downtown business district, courthouses, colleges, and hospitals. Built in 1983, the building features a durable metal roof and ample parking. The ground floor boasts approximately 10,000 square feet of finished space, ideal for various commercial uses. The second floor includes 5,000 square feet of finished space and an additional 5,000 square feet of unfinished area, presenting significant potential for customization. The property includes several restrooms, large open spaces, private offices, and multiple reception areas, along with both interior and exterior staircases. A unique feature is a filled-in pool beneath a playground, offering a potential for restoration and added value. The building is currently vacant with an occupancy date of August 6, 2024. The asking price is $1,625,000, translating to $107.76 per square foot. This presents a compelling investment opportunity in a high-demand location.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center Foster Care Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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