Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5011 Troup Hwy Tyler, TX 75703
    Back to Search
    Property profile & analytics

    5011 Troup Hwy, Tyler, TX 75703

    View on Map
    • Retail space
    • 15,350 SF
    • 1.80 lot acres
    For Lease
    $2,445,000
    View Listing →
    Retail Space on Troup Highway For Lease
    $2,445,000
    2,450 SF

    Retail Space on Troup Highway

    Retail space available for lease on Troup Highway.

    5011 Troup Hwy, Tyler, TX
    View Listing
    Property ID
    US82-5222105
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Great Clips / Hair Salon
    • Western Union / Bank / Credit Union
    • Spherion Staffing & Recruiting / Employment Agency
    • Shiloh Family Dental / Dental Office
    • Dr. Christopher Williams / Dental Office

    Property Details for 5011 Troup Hwy

    Year built
    2008
    Lot size
    1.80 lot acres
    Property type
    Retail space
    APN
    1-50000-1092-00-047080
    APU
    150000109200047080

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,980,000
      6.5%
      $2,750,000
      7%
      $2,555,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,139,000
      Market price range: $695k - $2.14M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,595,000
      COMMERCIAL (GENERAL)
      $1,485,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2634
    Latitude
    32.2958
    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
    $29,930
    $626,916
    $1,090,092
    $1,717,008
    -
    $626,916
    $1,090,092
    $1,717,008

    Comparable in this City

    • Value Estimation by Request
      3,474 SF

      17725 County Rd 26

      RETAIL STORES (PERSONAL SERVICES)
      17725 County Rd 26, Tyler, TX 75707-2923
      View Details
    • Value Estimation by Request
      1,152 SF

      11601 State Hwy 64th E

      RETAIL STORES (PERSONAL SERVICES)
      11601 State Hwy 64th E, Tyler, TX 75707
      View Details
    • Value Estimation
      $2,395,000
      15,046 SF

      3101 Shiloh Rd

      RETAIL STORES (PERSONAL SERVICES)
      3101 Shiloh Rd, Tyler, TX 75707-2073
      View Details
    • Value Estimation by Request
      1,800 SF

      15892 County Rd 26

      RETAIL STORES (PERSONAL SERVICES)
      15892 County Rd 26, Tyler, TX 75707-2728
      View Details
    • Value Estimation by Request
      2,400 SF

      10129 State Hwy 64th E

      RETAIL STORES (PERSONAL SERVICES)
      10129 State Hwy 64th E, Tyler, TX 75707-2390
      View Details
    • Value Estimation
      $775,000
      15,000 SF

      5111 Troup Hwy

      RETAIL STORES (PERSONAL SERVICES)
      5111 Troup Hwy, Tyler, TX 75707-1919
      View Details

    Similar Nearby for Sale

    • $3,500,000
      4,458 SF

      Operating Gas Station on Highway

      Operating Exxon gas station with commercial kitchen on busy highway.
      5315 Troup Hwy, Tyler, TX 75707
      View Details
    • Contact for pricing

      Operating Exxon Gas Station For Sale

      Fully operational gas station with fuel canopy and commercial kitchen.
      5315 Troup Hwy, Tyler, TX 75707
      View Details
    • $3,500,000
      0.81 Acres

      Operating Gas Station on Highway

      Operating EXXON gas station with commercial kitchen on busy highway.
      5315 Troup Hwy, Tyler, TX 75707
      View Details
    • Contact for pricing
      28,000 SF

      Retail Property on Troup Hwy

      28,000 SF retail property available for sale.
      4818 Troup Hwy, Tyler, TX 75707
      View Details
    • $1,795,000

      High-Traffic Retail Plaza For Sale

      Retail plaza with high visibility and access in Tyler, TX.
      5111 Troup Hwy, Tyler, TX 75707
      View Details
    • $6,499,900
      44.09 Acres

      Iconic Entertainment Venue on 44 Acres

      Massive entertainment venue with redevelopment potential in Tyler, TX.
      10408 State Highway 64, Tyler, TX 75707
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      58,752 SF

      Retail/Flex Space on Highway 64

      Multi-tenant retail/flex development with prime visibility and flexible unit sizes.
      12173 State Highway 64 E, Tyler, TX 75707
      View Details
    • Contact for pricing

      Multi-Use Property on Highway 64

      Versatile commercial property with office, showroom, and warehouse space.
      11229 State Highway 64 E, Tyler, TX 75707
      View Details
    • Contact for pricing
      1,250 SF

      Industrial Space For Rent

      1250 SF insulated industrial space available for lease.
      4588 Old Troup Hwy, Tyler, TX 75707
      View Details
    • $1,104 /Mo
      2,409 SF

      Versatile Flex Space in Tyler

      Office and industrial space with showroom and warehouse.
      13306 State Highway 110 S, Tyler, TX 75707
      View Details
    • Contact for pricing

      Highway Frontage Warehouse with Offices

      Warehouse with offices, dock doors, and highway frontage.
      13186 Tx-110, Tyler, TX 75707
      View Details
    • $900 /Mo
      35,676 SF

      Industrial Space for Rent, Tyler

      Insulated industrial space with dock door and restroom for rent.
      4588 Old Troup Hwy, Tyler, TX 75707
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5011 Troup Hwy
    Tyler, TX 75703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5011 Troup Hwy, Tyler, TX, 75703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!