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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Warehouses
3815 Timms St, Tyler, TX 75701-8465
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2487801
Property summary
AI-generated overview
This exceptional industrial property, located at the intersection of Timms Drive and Loop 323 in Smith County, offers a prime opportunity for businesses seeking warehouse space. The property consists of two single-story buildings totaling 7,550 square feet, with 2,500 square feet currently available for lease. Built in 1984, the warehouse features convenient grade-level overhead doors for easy loading and unloading. The property sits on a generous 1.73-acre lot, providing ample space for maneuvering and potential expansion. The site boasts a concrete drive and offers tenant mailboxes for added convenience. Zoned M-1 (Light Industrial), this property is ideally situated with easy access to Loop 323, ensuring efficient transportation and logistics. The property's APN is R116780. This is a multi-tenant property. No elevators are present. This is an excellent opportunity to secure warehouse space in a highly desirable location. The available space is 2,500 square feet.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Total area
15,100 SF
Lot
1.73 ac (75,141 SF)
APN
1-50000-0836-18-007000
UPID
US82-2487801
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Texas Electric Inc Electrical Service General Contractor
-
Almcoe Refrigeration Hardware & Home Improvement HVAC Service
-
ABC Fire Extinguisher Inc Production Facility Building Supply
-
All Seasons Lawn & Leaf Landscaping General Contractor
-
LM Commercial Cleaning & Office Cleaning Commercial Cleaning Service Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$889k
Blend (final)
Blend
$850k
Owner & transaction history
Genecov Dmlt Ltd · 14 yrs held
Genecov Dmlt Ltd
since 2012
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+88.5%
Auto repair, garage
$1.1M
+64.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$650,000
Current use
RETAIL STORES
$1,225,000
Change: +88% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,075,000
Change: +65% · Conversion: Easy
Blend value · Realmo final
$850k
Range $765k – $935k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,986
Tax year 2024
Assessed value
$1,119,603
Assessed 2024
Previous assessed
$477,364
+134.5% YoY
Effective rate
0.89%
On assessed value
Assessed land
$161,575
Assessed improvement
$958,028
Land market value
$161,575
Improvement market value
$958,028
Total market value
$1,119,603
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Heating
NONE
Buildings
4
Stories
1
Total area
15,100 SF
Lot
1.73 ac (75,141 SF)
APN
1-50000-0836-18-007000
UPID
US82-2487801
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$650,000
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Buildings
4
Lot
1.73 ac
Current owner
From public records · entity-resolved
Genecov Dmlt Ltd
Individual
Free & Clear · 14 yrs held
Mailing address
1350 DOMINION PLZ, TYLER, TX 75703-1012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2012
—
Genecov Dmlt Ltd
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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