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Property profile & analytics
OFF-MARKET
Retail space
11968 State Hwy 64th W Tyler, TX 75704-6938
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-5678295
Property summary
AI-generated overview
This exceptional 1,080 square foot retail building, located at 11968 State Hwy 64 in Tyler, TX (75704), presents a unique investment or owner-user opportunity. Built in 2016 and renovated in 2023, this Class B property sits on a 0.705-acre corner lot, offering excellent visibility and accessibility due to its strategic highway location near the airport. The property features a 6-foot chain link fence, providing security and privacy. Previously leased for $3,500 per month, this vacant building offers significant income potential for investors or a ready-made space for entrepreneurs. The property benefits from city utilities without the restrictions of city limits, allowing for flexibility in development and expansion. Zoned for commercial use, this versatile space is suitable for a variety of businesses. 2023 property taxes were $1,681.24, and insurance was $1,200. This is a rare opportunity in a growing area of Tyler. The asking price is $238,000.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
1,080 SF
Lot
0.71 ac (30,710 SF)
APN
1-80600-0000-00-155010
UPID
US82-5678295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
American Mammoth Jackstock Association Association / Organization
-
Bluebird Farmstand Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Schober Outdoor Advertising LLC · 1 yrs held
Schober Outdoor Advertising LLC
since 2024
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,681
Tax year 2023
Assessed value
$107,569
Assessed 2023
Previous assessed
$107,569
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$55,278
Assessed improvement
$52,291
Land market value
$55,278
Improvement market value
$52,291
Total market value
$107,569
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
NONE
Total area
1,080 SF
Lot
0.71 ac (30,710 SF)
APN
1-80600-0000-00-155010
UPID
US82-5678295
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Lot
0.71 ac
Current owner
From public records · entity-resolved
Schober Outdoor Advertising LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11968 STATE HWY 64TH ST W, TYLER, TX 75704-6938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Schober Outdoor Advertising LLC
Bluebird Farmstand LLC
Lease
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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