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    501 Shelley Dr Tyler, TX 75701-9540
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    Property profile & analytics

    501 Shelley Dr, Tyler, TX 75701-9540

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    • Office buildings
    • 61,544 SF
    • 7.43 lot acres
    Off-Market
    Property ID
    US82-1991986
    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.

    Value Estimations
    $6,485,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Premium Convenience Services / Bank / Credit Union
    • Claims Administrative Services, Inc. / Insurance Agency
    • Hibbs-Hallmark & Company Insurance / Insurance Agency
    • Nationwide Recovery Systems / Professional Services
    • Pathfinder Intelligence, Inc. / Research And Product Development

    Property Details for 501 Shelley Dr

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    7.43 lot acres
    Property type
    Office buildings
    APN
    1-50000-1297-02-001000
    APU
    150000129702001000

    Description

    This exceptional Class A office building, the Heartland Financial Center, offers prime commercial space in Tyler, Texas. The property boasts a total of 69,544 square feet across two stories, housed within a single building. Currently, two suites are available, ranging from 9,800 to 11,061 square feet, both located on the first floor. The building features convenient elevator access and is situated in a tranquil, park-like setting, offering a welcome contrast to the nearby vibrant retail corridor. Its location provides easy access to Loop 323, just one mile to the south, ensuring excellent connectivity for businesses and employees. The Heartland Financial Center is a full-service office building, catering to a variety of business needs, including traditional office spaces, coworking arrangements, executive offices, and creative office layouts. The multiple tenancy structure allows for flexibility and adaptability to suit diverse business requirements. This is a rare opportunity to secure high-quality office space in a desirable location with convenient amenities and excellent accessibility. The building's design and location make it an ideal choice for businesses seeking a professional and productive work environment. The available suites provide ample space for growth and expansion, making this a compelling investment opportunity. The property's proximity to the bustling retail area of Tyler offers employees a wide range of dining, shopping, and entertainment options.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,999,000
      Market price range: $3.14M - $8.74M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,990,000
      Current use
      RESTAURANT
      $6,305,000
      Change: +5% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $6,290,000
      Change: +5% Conversion: Easy
      RETAIL STORES
      $4,995,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3056
    Latitude
    32.306
    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
    $95,641
    $970,419
    $4,516,155
    $5,486,574
    -
    $970,419
    $4,516,155
    $5,486,574
    More about this property
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