Property summary
This exceptional 15,000-square-foot warehouse in Tyler, Texas, presents a compelling owner-user opportunity. Situated on a 1.278-acre lot, the property features a spacious 12,750-square-foot warehouse with a 17' 9" ceiling height, efficient LED lighting, and wall-mounted gas heaters. Two 12' x 12' overhead doors ensure easy access for equipment and materials. The building also includes 2,250 square feet of updated office space, complete with a reception area, seven individual offices, a modern kitchen, and 1.5 bathrooms. Currently leased with a remaining term of 4.3 years (expiring March 1, 2029), the lease is a NNN type with a commencement date of May 1, 2024. The property's location near new building growth in Smith County, Texas, at 1202 S Bennett Ave, Tyler, TX 75701, offers excellent potential for future appreciation. Built in 1976, this single-story building provides a solid investment opportunity with a current asking price of $775,000, representing $51.67 per square foot. The property is ideally suited for a variety of industrial uses and offers a strong return on investment. The lease includes rental increases in years four and five.
Property profile
VerifiedCap rate & NOI
Current use
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Moving Company Storage Facility
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Moving Company
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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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property 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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