Property profile

12342 State Hwy 64th W Tyler, TX 75704

OFF-MARKET
Warehouses
Property ID
US83-0137017
13,000 SF 1.5 ac lot Built 2016
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

12342 State Hwy 64th W Tyler, TX 75704-8016
Tyler metro Census 1608 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$400k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.1M +50.8%
Retail stores $1.1M +43.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12342 State Hwy 64th W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message