Property profile

227 Beckham Ave Tyler, TX 75702

OFF-MARKET
Office buildings
Property ID
US83-4254033
1,500 SF 0.18 ac lot Built 1915
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.2-acre redevelopment opportunity in Tyler, Texas, presents a unique chance to capitalize on a high-traffic, high-visibility location. Situated along South Beckham Avenue, this property boasts proximity to Tyler's thriving downtown entertainment district and the burgeoning medical district, including the UT Tyler School of Medicine and Hospital District. The site includes an existing 1,500 square foot metal office building, offering immediate potential for adaptive reuse or demolition to make way for a new development. The property is zoned C-1, C-2, and RMF, allowing for a variety of uses. All utilities are readily available. The asking price is $399,000, translating to $266 per square foot. This property consists of one building on one story, with a total of one unit. The lot size is 1.2 acres, and the parcel numbers are R050128, R050121, R050118, and R050120. Individual lots are also available for sale. This is an unparalleled chance to create a significant development in a rapidly growing area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1915
Total area 1,500 SF
Lot 0.18 ac (7,710 SF)
APN 1-50000-0067-00-024000
UPID US83-4254033

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Church Mosque

Location

227 Beckham Ave Tyler, TX 75702-7503
Tyler metro Census 500 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2004
1 recorded transaction
2004
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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