New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,330,000
Warehouses
5510 Broadway Ave, Tyler, TX 75703-4347
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-4400722
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Construction
STEEL FRAME
Total area
36,976 SF
Lot
4.16 ac (181,035 SF)
APN
1-50000-1559-00-001010
UPID
US82-4400722
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
-
Ulta Beauty Cosmetic Store
-
Benefit Cosmetics BrowBar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.52M
Comparable Approach
Comparable
$3.15M
Blend (final)
Blend
$3.33M
Owner & transaction history
Broadway Partners Ltd · 7 yrs held
Broadway Partners Ltd
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.5M
+65.6%
Restaurant
$3.4M
+61.4%
Auto repair, garage
$3.2M
+49.8%
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%
$3,810,000
6.5%
$3,515,000
7%
$3,265,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,130,000
Current use
COMMERCIAL (GENERAL)
$3,530,000
Change: +66% · Conversion: Difficult
RESTAURANT
$3,440,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,195,000
Change: +50% · Conversion: Easy
OFFICE BUILDING
$3,105,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$2,370,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$3.33M
Range $3.00M – $3.66M · ±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
$90 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$46,670
Tax year 2024
Assessed value
$2,730,883
Assessed 2024
Previous assessed
$2,231,074
+22.4% YoY
Effective rate
1.71%
On assessed value
Assessed land
$932,330
Assessed improvement
$1,798,553
Land market value
$932,330
Improvement market value
$1,798,553
Total market value
$2,730,883
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
36,976 SF
Lot
4.16 ac (181,035 SF)
APN
1-50000-1559-00-001010
UPID
US82-4400722
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
WAREHOUSE, STORAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.5M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
4.16 ac
Current owner
From public records · entity-resolved
Broadway Partners Ltd
Entity
Mailing address
PO BOX 3449, LONGVIEW, TX 75606-3449
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2019
—
Broadway Partners Ltd
—
Deed
related
$213,792 · G & J LP
Dec 7, 2016
—
Broadway Partners Ltd
—
Deed
related
$286,236 · Thomas Margaret J Family Tr(pt
Sep 22, 2009
—
Broadway Partners Ltd
—
Trustees Deed
related
$3,228 · Bancorpsouth
—
—
Broadway Partners Ltd
—
Loan Modification
related
$213,792 · G & J LP
—
—
Broadway Partners Ltd
—
Loan Modification
related
$732,239 · Mjl Thomas Investments LLC
—
—
Broadway Partners Ltd
—
Loan Modification
related
$213,792 · Mjl Thomas Invst LLC
—
—
Broadway Partners Ltd
—
Deed Of Trust
related
$980,360 · Mjl Thomas Investments LLC
—
—
Broadway Partners Ltd
—
Deed Of Trust
related
$3,228,000 · Bancorp South Bank
—
—
Broadway Partners Ltd
—
Loan Modification
related
$123,013 · Bancorpsouth
—
—
Broadway Partners Ltd
—
Loan Modification
related
$286,236 · G & J LP
—
—
Broadway Partner Ltd
—
Loan Modification
related
$980,360 · Mjl Thomas Investments LLC
—
—
Broadway Partners Ltd
—
Loan Modification
related
$286,236 · Thomas Margaret J Family Tr(pt
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?”
You own 5510 Broadway Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
