Back to Search
Property profile & analytics
FOR LEASE
Retail space
5011 Troup Hwy Tyler, TX 75703
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-5222105
For Lease
1 / 5
$2,445,000
5011 Troup Hwy, Tyler, TX 75703
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
15,350 SF
Lot
1.8 ac (78,364 SF)
APN
1-50000-1092-00-047080
UPID
US82-5222105
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
-
Great Clips Hair Salon
-
Western Union Bank Credit Union
-
Spherion Staffing & Recruiting Employment Agency
-
Shiloh Family Dental Dental Office
-
Dr. Christopher Williams Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.45M
Owner & transaction history
Standard Insurance Company · 2 yrs held
Standard Insurance Company
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+11.6%
Commercial (general)
$1.5M
+3.7%
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%
$2,980,000
6.5%
$2,750,000
7%
$2,555,000
Alternative Use
Use
Estimation
RESTAURANT
$1,595,000
Change: +12% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,485,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$2.45M
Range $2.20M – $2.69M · ±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
$159 / 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
$29,930
Tax year 2023
Assessed value
$1,717,008
Assessed 2023
Previous assessed
$1,717,008
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$626,916
Assessed improvement
$1,090,092
Land market value
$626,916
Improvement market value
$1,090,092
Total market value
$1,717,008
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2008
Heating
NONE
Total area
15,350 SF
Lot
1.8 ac (78,364 SF)
APN
1-50000-1092-00-047080
UPID
US82-5222105
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
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
COMMERCIAL (GENERAL)
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
2008
Heating
NONE
Lot
1.8 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Free & Clear · 2 yrs held
Mailing address
10265 NE TANASBOURNE DR, HILLSBORO, OR 97124-7834
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
—
Standard Insurance Company
Yasin Ventures LLC
Assignment Of Lease (leasehold Sale)
—
May 16, 2019
—
Bcts Partners Ltd
—
Deed
related
$393,750 · Allegiance Bk
Aug 11, 2016
—
Bcts Partners Ltd
—
Deed
related
—
Jan 5, 2011
—
Bcts Partners Ltd
Owner Name Unavailable
Grant Deed
related
—
—
—
Bcts Partners Ltd
—
Loan Modification
related
$393,750 · Allegiance Bk
—
—
Bcts Partners Ltd
—
Deed Of Trust
related
$1,950,000 · Miscellaneous Ins Co
—
—
Bcts Partners Ltd
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
