Technical
Financial
Distress signals
Property profile

3400 Van Hwy Tyler, TX 75702

OFF-MARKET
Retail space
Property ID
US82-7411572
4,500 SF 1.78 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,842 square foot 7-Eleven convenience store and gas station located at 3400 Van Hwy, Tyler, TX 75702. Built in 2022, this property sits on a 1.78-acre lot at the signalized intersection of Loop 323 and Van Highway, boasting combined daily traffic counts exceeding 37,000 vehicles. The property features fourteen 7-Eleven branded gas pumps, two highly visible pylon signs, and multiple ingress/egress points. The 15-year absolute net corporate lease with 7-Eleven, Inc. includes 10% rent escalations every five years and four, five-year renewal options, eliminating landlord responsibilities. 7-Eleven, Inc. boasts an investment-grade credit rating (A by S&P and Baa2 by Moody's). The property's strategic location offers exceptional visibility and proximity to numerous national retailers, including Walmart, Walgreens, Starbucks, and more, further enhancing its long-term value. The asking price is $4,762,000, representing a 4.85% cap rate and significantly below replacement cost for comparable new constructions. This asset is situated seven minutes from downtown Tyler and across Loop 323 from John Tyler High School, benefiting from a robust and growing local market. A Laredo Taco Company is also located within the store. This is a rare opportunity to acquire a high-performing, low-risk investment in a thriving Texas market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 4,500 SF
Lot 1.78 ac (77,363 SF)
APN 1-50000-1263-00-004060
UPID US82-7411572

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
  • Bank Credit Union
  • Grocery & Convenience Store
  • Restaurant

Location

3400 Van Hwy Tyler, TX 75702-2608
Tyler metro Census 100 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
$805k
Comparable Approach Comparable
$619k
Blend (final) Blend
$610k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $495,000 +20.6%
Auto repair, garage $470,000 +15.0%
Office building $410,000 +0.8%

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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