111 W 5Th St Tyler, TX 75701
- Office buildings
- 8,031 SF
- 0.28 lot acres
Current Use by Public Records
- Tiny Town Learning Center / Child Care Agency
Property Details for 111 W 5Th St
- Year built
- 1982
- Lot size
- 0.28 lot acres
- Property size
- 8,031 SF
- Property type
- Office buildings
- APN
- 1-50000-0293-00-010000
- APU
- 150000029300010000
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $335,000
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Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3015
- Latitude
- 32.3313
- CBSA code
- 46340
- CBSA name
- TYLER, TX METROPOLITAN STATISTICAL AREA
