Property summary
Fully occupied 3-tenant retail investment opportunity located along E Southeast Loop 323 in Tyler, Texas. The property consists of approximately 2, 800 SF and offers investors in-place income with long-term tenancy, visibility, and future upside through under-market rents. The building is currently 100% occupied by three tenants, each of whom has operated at the property for 12+ years, providing a strong history of tenant stability and location commitment. Current NOI is $36, 992, providing an 8.22% cap rate at the $450, 000 asking price. Positioned along one of Tyler’s major commercial corridors, the property benefits from excellent visibility on Loop 323 with traffic counts of approximately 41, 000 vehicles per day nearby. The location sits just east of Troup Highway and between Troup Highway and University Blvd. With established tenants, term remaining, below-market rents, and strong Loop 323 exposure, this is a rare small-format retail investment opportunity with both immediate cash flow and long-term rental upside.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Tyler market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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