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Property profile & analytics
FOR SALE
Office buildings
15488 Fm 2493 Tyler, TX 75703
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-0098285
For Sale
1 / 18
$1,650,000
15488 Fm 2493, Tyler, TX 75703
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Construction
STEEL FRAME
Total area
8,095 SF
Lot
1.03 ac (44,867 SF)
APN
1-00000-0018-04-002060
UPID
US82-0098285
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
-
Shelia Cooper, RE/MAX Impact Real Estate Agency
-
Sonya DeVuyst: Allstate Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$540k
Owner & transaction history
Christopher Cooper · 9 yrs held
Christopher Cooper
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+13.6%
Restaurant
$755,000
+10.7%
Auto repair, garage
$700,000
+2.8%
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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$680,000
Current use
COMMERCIAL (GENERAL)
$770,000
Change: +14% · Conversion: Easy
RESTAURANT
$755,000
Change: +11% · Conversion: Moderate
AUTO REPAIR, GARAGE
$700,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$67 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,869
Tax year 2023
Assessed value
$1,015,327
Assessed 2023
Previous assessed
$1,015,327
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$291,634
Assessed improvement
$723,693
Land market value
$291,634
Improvement market value
$723,693
Total market value
$1,015,327
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Total area
8,095 SF
Lot
1.03 ac (44,867 SF)
APN
1-00000-0018-04-002060
UPID
US82-0098285
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
OFFICE BUILDING Current
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$770,000
RESTAURANT
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$700,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2015
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Christopher Cooper
Individual
Mailing address
PO BOX 5303, TYLER, TX 75712-5303
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2017
—
Christopher Cooper
Cooper Empire LLC
Quit Claim Deed
related
$750,000 · Texas Bk
May 22, 2017
—
Cooper Empire LLC
Hooker,mildren
Warranty Deed
related
—
Dec 5, 2014
—
Cooper Impact Investments LLC
Lone Star Restaurants INC
Grant Deed
$544,000 · Texas Bk
Dec 23, 2009
—
Lone Star Restaurants INC
Worthen,jeffrey
Grant Deed
related
—
Nov 4, 2008
—
Jeffrey Worthen
Don Musslewhite
Venders Lien
$297,500 · Bancorpsouth Bank
Sep 11, 2008
—
Don Musslewhite
—
Trustees Deed
related
$35,000 · Southside Bank
Jan 26, 2004
—
Don Musslewhite
Owner Name Unavailable
Warranty Deed
related
—
—
—
Cooper Impacts Investments LLC
—
Deed Of Trust
related
$517,000 · Texas Bk
—
—
Cooper Impact Investments LLC
—
Loan Modification
related
$544,000 · Texas Bk
—
—
Don Musslewhite
—
Deed Of Trust
related
$125,000 · Southside Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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