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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Warehouses
13490 County Rd 220 Tyler, TX 75707-5714
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2170172
Property summary
AI-generated overview
This exceptional self-storage facility in Tyler, Texas, presents a compelling investment opportunity. The property, located at 13490 County Rd 220, boasts 21,250 square feet across five buildings on a 1.5-acre lot (APN: 1-00000-0118-00-011000). Built in 2019, it features 53 units currently operating at 100% occupancy, generating a substantial net operating income (NOI) of $86,820. The property's Class B designation reflects its well-maintained condition. Its prime location along Old Henderson Highway and Highway 64, adjacent to Chapel Hill School, ensures high visibility and accessibility. The strong demand for storage in this growing area of East Texas, coupled with the facility's full occupancy, presents a significant opportunity to increase rental rates, further enhancing the NOI and overall profitability. The property is zoned for commercial use and offers a stable investment in a thriving economic environment. This is a turnkey operation with immediate cash flow potential and significant upside. The asking price is $1,500,000.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
21,250 SF
Lot
1.5 ac (65,340 SF)
APN
1-00000-0118-00-011000
UPID
US82-2170172
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.30M
Owner & transaction history
Lake Tyler Storage LLC · 6 yrs held
Lake Tyler Storage LLC
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+61.8%
Office building
$2.0M
+56.1%
Retail stores
$2.0M
+56.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,270,000
Current use
COMMERCIAL (GENERAL)
$2,055,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$1,985,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$1,980,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,840,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,783
Tax year 2024
Assessed value
$806,940
Assessed 2024
Previous assessed
$806,940
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$57,683
Assessed improvement
$749,257
Land market value
$57,683
Improvement market value
$749,257
Total market value
$806,940
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
2
Stories
1
Total area
21,250 SF
Lot
1.5 ac (65,340 SF)
APN
1-00000-0118-00-011000
UPID
US82-2170172
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Stories
1
Buildings
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Lake Tyler Storage LLC
Entity
Mailing address
11609 SPUR 248, TYLER, TX 75707-4693
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
—
Lake Tyler Storage LLC
Fmd Land Co LLC
Grant Deed
$1,634,000 · Austin Bk
Jun 8, 2018
—
Fmd Land Co LLC
—
Deed
related
$638,000 · Austin Bk/tx
Mar 16, 2015
—
Fmd Land Co LLC
Davis Melvin & Doris
Warranty Deed
related
—
Mar 27, 2009
—
Melvin Davis
Rush,regina E
Warranty Deed
related
—
—
—
Fmd Land Co LLC
—
Deed Of Trust
related
$638,000 · Austin Bk/tx
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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