Property profile

2416 E Southeast Loop 323 Tyler, TX 75701

FOR SALE
Storefront properties
Property ID
US82-Q087496
2,800 SF
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Property summary

AI-generated overview

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

Verified
Property type Storefront properties
Total area 2,800 SF
UPID US82-Q087496

Cap rate & NOI

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

Location

2416 E Southeast Loop 323 Tyler, TX 75701
Tyler metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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