Technical
Financial
Distress signals
Property profile

1215 5th St Tyler, TX 75701

OFF-MARKET
Car washes
Property ID
US82-2794086
1,876 SF 0.4 ac lot Built 1985
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This vacant, 1,876-square-foot storefront property at 1215 E 5th St, Tyler, TX 75701, presents a compelling redevelopment opportunity. Currently configured as a car wash, this C-2 zoned property sits on a 0.4-acre lot and boasts high visibility with a daily traffic count of 17,000 vehicles. Built in 1954 and renovated in 1985, the single-story building consists of two structures totaling 1,876 square feet of net rentable space. Its prime location offers exceptional accessibility and exposure, situated just 0.5 miles from the burgeoning UT Medical School and directly across from Tyler Junior College in Smith County. The asking price is $595,000, translating to $317.16 per square foot. This property's strategic position and high traffic volume make it an ideal investment for entrepreneurs seeking a high-impact location in a thriving Texas market. The vacant status allows for immediate customization and adaptation to a wide range of commercial uses. This is a rare chance to acquire a well-positioned property in a rapidly developing area of Tyler.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1985
Total area 1,876 SF
Lot 0.4 ac (17,555 SF)
APN 1-50000-0657-00-028000
UPID US82-2794086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

1215 5th St Tyler, TX 75701-3441
Tyler metro Census 1200 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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