3910 S Broadway Ave Tyler, TX 75701
Property Lookup
Property profile & analytics
3910 S Broadway Ave Tyler, TX 75701
- Auto shops
- 6,370 SF
- 0.60 lot acres
Property ID
US82-4143890
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 2M Automotive, LLC / Auto Repair Shop
- Intoxalock Ignition Interlock / Building Supply / General Contractor
Property Details for 3910 S Broadway Ave
- Year built
- 1988
- Lot size
- 0.60 lot acres
- Property size
- 6,370 SF
- Property type
- Auto shops
- APN
- 1-50000-1010-04-009050
- APU
- 150000101004009050
Description
This exceptional investment opportunity presents a 6,370 square foot auto shop, fully renovated in 2024, situated on a 0.6-acre lot at 3910 S Broadway Ave, Tyler, TX 75701. The property boasts a strong 10-year net lease with a corporate guarantee from Brakes Plus, a reputable company operating over 160 locations across six states. The lease commenced November 1, 2024, and includes five 5-year renewal options with a 10% rent increase every five years throughout the primary term and options. The property generates a substantial net operating income (NOI) of $90,000, resulting in a compelling 6.00% cap rate. Located on Tyler's busiest retail corridor (S. Broadway Ave, with over 42,690 vehicles per day), the property benefits from its proximity to Broadway Square Mall, a major retail center with over 625,000 square feet of retail space and 80+ retailers. The surrounding area showcases a high average household income exceeding $130,000 within a one-mile radius. This property offers a secure, high-return investment with a long-term tenant and significant upside potential. Built in 1988, the building enjoys 100% occupancy and benefits from the strong demographics of Tyler, Texas, the largest community in East Texas, with a population exceeding 241,750. The asking price is $1,500,000, translating to $235.48 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.3002
- Latitude
- 32.3077
- CBSA code
- 46340
- CBSA name
- TYLER, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,163
$162,500
$133,689
$296,189
-
$162,500
$133,689
$296,189
