Property profile

20921 Us Highway 69 S Tyler, TX 75703

FOR SALE
Other investment properties
Property ID
US82-6460855
1,200 SF 0.5 ac lot Built 2020
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

Built in 2020, with an additional metal shop constructed in 2023, this East Texas property is located on Highway 69 about 2 miles south of Bullard. The site covers just over half an acre and includes approximately 258 feet of frontage on Highway 69 across from a golf course. The main building totals about 4,200 square feet and contains two private rooms used as offices, along with a large rear flex area that includes a full kitchen, walk-in shower, and a private exterior entrance, which can support uses such as a break room, executive suite, or creative workspace. A detached metal shop on the property is spray-foam insulated and is heated and cooled, and it features a large overhead door suitable for light industrial activities or storage, with space that could support future business expansion. Exterior features include a concrete drive, ample parking, and space for signage. The property is configured for mixed business and personal use, and includes on-site occupancy at the time of description; the existing business operations were indicated as not included with the real estate in the original listing.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2020
Total area 1,200 SF
Lot 0.5 ac (21,780 SF)
APN 1-26510-0000-00-001000
UPID US82-6460855

Cap rate & NOI

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

Location

20921 Us Highway 69 S Tyler, TX 75703
Tyler metro Census 1914 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2016
Price N/A
2008
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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