Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5405 Troup Hwy Tyler, TX 75707-1925
    Back to Search
    Property profile & analytics

    5405 Troup Hwy, Tyler, TX 75707-1925

    View on Map
    • Investment properties
    • 1,920 SF
    • 0.48 lot acres
    Off-Market
    Property ID
    US82-4512248
    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

    • Lundmark & Co LLC / Accounting Firm / Tax Preparation
    • Kalb Kent w CPA / Accounting Firm / Tax Preparation

    Property Details for 5405 Troup Hwy

    Year built
    1997
    Lot size
    0.48 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1-80840-0002-00-001000
    APU
    180840000200001000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 5, 2014 — Lundmark Holding LLC Lundmark,jonathan P & Mistli Quit Claim Deed · related —
    — — Jonathan P Lundmark — Deed Of Trust · related $63k · First Federal Bank Of Texas

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2577
    Latitude
    32.2916
    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
    $2,397
    $84,156
    $73,285
    $157,441
    -
    $84,156
    $73,285
    $157,441

    Comparable in this City

    • Value Estimation by Request
      2,810 SF

      12058 County Rd 262

      OFFICE/RESIDENTIAL (MIXED USE)
      12058 County Rd 262, Tyler, TX 75707-5630
      View Details
    • Value Estimation by Request
      3,303 SF

      11718 State Hwy 64th E

      OFFICE/RESIDENTIAL (MIXED USE)
      11718 State Hwy 64th E, Tyler, TX 75707-2526
      View Details
    • Value Estimation
      $755,000
      5,108 SF

      12785 State Hwy 64th E

      OFFICE/RESIDENTIAL (MIXED USE)
      12785 State Hwy 64th E, Tyler, TX 75707-5333
      View Details
    • Value Estimation
      $740,000
      8,000 SF

      10909 Fm 848

      OFFICE/RESIDENTIAL (MIXED USE)
      10909 Fm 848, Tyler, TX 75707-3451
      View Details
    • Value Estimation by Request
      1,824 SF

      11726 State Hwy 64th E

      OFFICE/RESIDENTIAL (MIXED USE)
      11726 State Hwy 64th E, Tyler, TX 75707-2526
      View Details
    • Value Estimation by Request
      2,665 SF

      12245 County Rd 289

      OFFICE/RESIDENTIAL (MIXED USE)
      12245 County Rd 289, Tyler, TX 75707-5821
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,020 SF

      Cleared Land with Metal Buildings

      3.618 acres with five metal buildings and utilities.
      12549 State Highway 64, Tyler, TX 75707
      View Details
    • $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
    • $155,000
      0.84 Acres

      Neighboring Commercial Corner Lots

      Three adjacent commercial lots with utilities available and POD zoning, suited for office or medical development.
      2124 Dogwood Park Blvd, Tyler, TX 75707
      View Details
    • $150,000
      0.90 Acres

      Corner Development Land Opportunity

      Utilities available at a corner site ideal for professional office and medical development.
      2158 Dogwood Park Blvd, Tyler, TX 75707
      View Details
    • $150,000
      0.89 Acres

      Corner Commercial Development Land

      Corner commercial land with utilities available, suitable for professional office and medical development under POD zoning.
      2181 Dogwood Park Blvd, Tyler, TX 75707
      View Details
    • $313,000
      1.38 Acres

      Lakefront Residential Waterfront Lot

      Oversized lakefront lot on Lake Tyler West with substantial shoreline and mature trees for privacy and views.
      Eastside Rd, Tyler, TX 75707
      View Details

    Similar Nearby for Lease

    • 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
    • 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
      57,000 SF

      Industrial Space Available for Lease

      57,000 square feet of industrial space for rent.
      4501 Old Troup Hwy, Tyler, TX 75707
      View Details
    • $900 /Mo
      35,676 SF

      Insulated Industrial Warehouse Suite

      Insulated industrial space with a high dock door, individual entry door, and restroom, offered for lease.
      4588 Old Troup Hwy, 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

      Highway Frontage Warehouse with Offices

      Warehouse with offices, dock doors, and highway frontage.
      13186 Tx-110, Tyler, TX 75707
      View Details
    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.
    5405 Troup Hwy
    Tyler, TX 75707-1925
    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
    5405 Troup Hwy, Tyler, TX, 75707
    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!