Property profile

17833 State Hwy 31st E Tyler, TX 75705

OFF-MARKET
Warehouses
Property ID
US82-3775999
16,200 SF 3.39 ac lot Built 1977
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6.06-acre industrial property in Tyler, Texas, presents a rare opportunity. The complex boasts approximately 60,000 square feet of industrial space spread across four buildings, offering significant versatility. Building #1 comprises 2,500 square feet of office space featuring three offices, a showroom, a full kitchen, and two restrooms, along with a 12,300 square foot warehouse section containing ten overhead doors and one restroom. Building #2 is a 3,200 square foot warehouse with three overhead doors and a single restroom. Building #3, a substantial 30,625 square foot warehouse, includes seven overhead doors, two offices, and two restrooms. Finally, Building #4 offers 10,000 square feet of warehouse space, complemented by four overhead doors, an office, a breakroom, and two restrooms. The property also includes 26 parking spaces and two dock-high doors. The largest building is partially prepared for two additional semi-dock doors, with 70% of the necessary earthwork already completed. City utilities are readily available, including electricity, natural gas, sanitary sewer, and water. The property is zoned for industrial use and benefits from a high traffic count, with over 12,000 vehicles passing daily. Its strategic location offers convenient access to Loop 323 (9.5 miles), Kilgore (13 miles via Highway 135), and I-20 (5 miles). A 2021 Phase I environmental assessment is available. The seller may require a 90-day leaseback period post-closing. The property is located at 17833 State Highway 31 E, Tyler, TX 75705, with APN 100000043200018030. This is an operating business; appointments are required for viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Construction STEEL FRAME
Total area 16,200 SF
Lot 3.39 ac (147,712 SF)
APN 1-00000-0432-00-018030
UPID US82-3775999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17833 State Hwy 31st E Tyler, TX 75705-4733
Tyler metro Census 1804 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$475k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +109.2%
Restaurant $1.7M +94.7%
Office building $1.5M +74.6%

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
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