New search
Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Office buildings
1698 Grande Blvd Tyler, TX 75703-4426
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-1609191
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Total area
9,788 SF
Lot
1.95 ac (84,898 SF)
APN
1-50000-1548-00-005040
UPID
US82-1609191
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
-
RE/MAX Professionals: The Burks Team Real Estate Agency
-
Azalea Mortgage Company Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$600k
Owner & transaction history
West Tyler Townhomes LLC · 5 yrs held
West Tyler Townhomes LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$935,000
+13.6%
Restaurant
$910,000
+10.7%
Auto repair, garage
$845,000
+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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: +14% · Conversion: Easy
RESTAURANT
$910,000
Change: +11% · Conversion: Moderate
AUTO REPAIR, GARAGE
$845,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,034
Tax year 2023
Assessed value
$1,206,662
Assessed 2023
Previous assessed
$1,206,662
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$266,580
Assessed improvement
$940,082
Land market value
$266,580
Improvement market value
$940,082
Total market value
$1,206,662
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
Off-Market
Year built
2009
Heating
NONE
Buildings
2
Total area
9,788 SF
Lot
1.95 ac (84,898 SF)
APN
1-50000-1548-00-005040
UPID
US82-1609191
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
$820,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RESTAURANT
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$845,000
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
2009
Heating
NONE
Buildings
2
Lot
1.95 ac
Current owner
From public records · entity-resolved
West Tyler Townhomes LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1698 W GRANDE BLVD, TYLER, TX 75703-4426
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
—
West Tyler Townhomes LLC
Tonya Hines
Warranty Deed
related
—
Dec 5, 2017
—
Crosspointe Holdings One LLC
—
Deed
related
$815,340 · Texas Bk
Feb 8, 2013
—
Crosspointe Holdings One LLC
Compass Bk
Grant Deed
related
—
Jan 7, 2013
—
Crosspointe Holdings One LLC
Compass Bk
Grant Deed
—
Oct 3, 2012
—
Compass Bk
St Pierre Sharon
Trustees Deed
related
—
Oct 8, 2008
—
Cypress Point Properties LLC
Hampton,kirk N
Warranty Deed
$1,786,000 · Compass Bank
—
—
Crosspointe Holdings One LLC
—
Deed Of Trust
related
$880,000 · Prosperity Bank
—
—
Crosspointe Holdings One LLC
—
Deed Of Trust
related
$1,062,500 · Texas Bank
—
—
Crosspointe Holdings One LLC
—
Loan Modification
related
$815,340 · Texas Bk
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
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 1698 Grande Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
