2916 Chandler Hwy Tyler, TX 75702-6731
This exceptional investment opportunity presents two mini-warehouse buildings totaling 10,950 square feet situated on a 0.79-acre lot at 2916 Chandler Hwy, Tyler, TX 75702. Built in 1983 and zoned C-2, the property offers twelve individual units, each with an overhead and man door, providing convenient access for tenants. Six units measure 875 square feet, while the remaining six are 1,000 square feet each. Currently, one unit is leased, presenting a strong value-add potential for investors of all experience levels. The property's location within an Opportunity Zone provides significant tax advantages. The asking price is $325,000, translating to $29.68 per square foot. The property boasts trailer accessibility, catering to a wide range of tenants. Given the high demand and low supply of similar properties in this area of the Tyler market, this represents a compelling investment opportunity with significant upside potential. All units are individually metered. The property is conveniently located in Smith County, Texas, offering easy access to major transportation routes. This is a rare chance to acquire a well-located, income-producing asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.