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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Office buildings
400 Broadway Ave Tyler, TX 75702-8149
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-0304580
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Total area
8,300 SF
Lot
0.58 ac (25,047 SF)
APN
1-50000-0078-01-001010
UPID
US82-0304580
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
-
Sinclair Law Office, PC Law Firm Child Welfare Organization
-
Christina Davis: Divorce Attorney: Sinclair Law Office Law Firm
-
Kristen Senkyr: Divorce Attorney: Sinclair Law Office Law Firm Child Welfare Organization
-
Schorr Law Firm Law Firm
-
Butler Architectural Group Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.06M
Owner & transaction history
Broken Glass Investments LLC · 4 yrs held
Broken Glass Investments LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$965,000
+26.8%
Commercial (general)
$910,000
+19.7%
Auto repair, garage
$865,000
+14.1%
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
OFFICE BUILDING
$760,000
Current use
RESTAURANT
$965,000
Change: +27% · Conversion: Moderate
COMMERCIAL (GENERAL)
$910,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$865,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$755,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$127 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,265
Tax year 2023
Assessed value
$818,323
Assessed 2023
Previous assessed
$818,323
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$125,235
Assessed improvement
$693,088
Land market value
$125,235
Improvement market value
$693,088
Total market value
$818,323
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1956
Heating
NONE
Buildings
2
Total area
8,300 SF
Lot
0.58 ac (25,047 SF)
APN
1-50000-0078-01-001010
UPID
US82-0304580
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
OFFICE BUILDING Current
Est. value
$760,000
RESTAURANT
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$865,000
RETAIL STORES
Est. value
$755,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1956
Heating
NONE
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Broken Glass Investments LLC
Entity
Mailing address
400 S BROADWAY AVE STE #102, TYLER, TX 75702-8150
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Broken Glass Investments LLC
Amma Properties LLC
Venders Lien
$1,500,000 · U
Dec 20, 2010
—
Amma Properties LLC
Brad Leigh INC
Venders Lien
$474,948 · Austin Bank Texas NA
Jan 14, 2009
—
Peter Cilliers
Brad-leigh INC
Warranty Deed
$119,000 · Southside Bank
Sep 29, 2006
—
Brad-leigh INC
Bella Corp
Warranty Deed
related
—
Sep 28, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
—
—
Amma Properties LLC
—
Deed Of Trust
related
$254,791 · Austin Bank
—
—
Bella Corp
—
Deed Of Trust
related
$500,000 · Century Bank
—
—
Bella Corp
—
Deed Of Trust
related
$500,000 · Century Bank
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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