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    Property profile & analytics
    OFF-MARKET Estimated value $715,000
    Warehouses

    12342 State Hwy 64th W, Tyler, TX 75704-8016

    13,000 SF 1.5 ac lot Built 2016
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US83-0137017
    Property summary
    AI-generated overview

    This exceptional 13,000-square-foot automotive facility, situated on a 1.497-acre lot in Tyler, Texas, presents a unique investment opportunity. Built in 2016, the single-story building boasts 12 drive-thru bays and 16-foot sidewalls, enhancing operational efficiency and security. The property features a fully fenced lot and 245 feet of frontage along State Highway 64 West, ensuring high visibility and accessibility. Inside, an office area and an on-site apartment offer flexibility for owner-operator use or potential rental income generation. The property's prime location within a growing market, combined with its modern design and functional layout, makes it an ideal acquisition for an owner-user or investor seeking a turnkey automotive operation. The property's address is 12342 State Hwy 64, Tyler, TX 75704, and its APN is 156540000000002000. This is a for-sale-by-owner listing with an asking price of $1,295,000. The property's superior functionality and prime location make it a compelling investment prospect. The combination of operational space, additional income potential, and high visibility along a major highway offers a strong return on investment.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2016
    Construction STEEL FRAME
    Total area 13,000 SF
    Lot 1.5 ac (65,209 SF)
    APN 1-56540-0000-00-002000
    UPID US83-0137017
    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
    • East Texas Automotive Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $703k
    Blend (final) Blend
    $715k
    Owner & transaction history
    East Texas Automotive Tyler LLC · 3 yrs held
    East Texas Automotive Tyler LLC
    since 2023
    5 recorded transactions
    2023
    2020
    2019
    2018
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.1M +50.8%
    Retail stores $1.1M +43.0%
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