Technical
Financial
Distress signals
Property profile

4007 Broadway Ave Tyler, TX 75701

OFF-MARKET
Warehouses
Property ID
US82-3151227
7,000 SF 0.6 ac lot Built 2000
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail and office opportunity is located at 4007 S Broadway Ave in Tyler, Texas, within the vibrant Smith County. The property, known as Sprouts Shadow-Anchored Center, boasts a total of 20,417 square feet across eight suites, with 3,600 square feet currently available for lease. Individual spaces range from a minimum of 900 square feet to a maximum contiguous space of 1,800 square feet, offering flexibility for various business needs. Built in 1973 and zoned C-1, this 1.6-acre property benefits from its strategic location and proximity to a major grocery anchor tenant. The property's exterior will undergo a significant update, with facade and signage improvements designed to complement the neighboring Sprouts grocery store. Renderings showcasing these planned enhancements are available. This presents a unique chance to establish a presence in a well-located, soon-to-be-revitalized retail center. The property's multiple tenancy allows for a diverse range of businesses, creating a synergistic environment. This is an ideal investment for businesses seeking high visibility and convenient access in a thriving Texas market.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Total area 7,000 SF
Lot 0.6 ac (26,092 SF)
APN 1-50000-1010-03-005100
UPID US82-3151227

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
  • Arcade & Gaming Center Electronics & Wireless Store
  • Nail Salon
  • Shopping Center & Mall
  • Hair Salon
  • Storage Facility

Location

4007 Broadway Ave Tyler, TX 75701-8734
Tyler metro Census 1102 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A

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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