Property profile

6718 Broadway Ave Tyler, TX 75703

OFF-MARKET
Office buildings
Property ID
US83-4204367
7,200 SF 0.99 ac lot Built 2015
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,200-square-foot executive office building, located at 6718 S Broadway Ave in Tyler, Texas, presents a unique investment opportunity. Built in 2015 and extensively renovated in 2020, the property boasts a modern and versatile layout, adaptable to a variety of uses. The single-tenant building sits on a 0.989-acre lot and features 11-15 foot ceilings, providing ample space and flexibility. With 45 parking spaces, the property offers convenient access for employees and clients. Its prime location on a high-demand South Tyler thoroughfare, directly across from a Walmart Supercenter and adjacent to Don's TV and Appliance Center, ensures high visibility and accessibility. The C-2 commercial zoning allows for diverse business applications. Previously used as an emergency room medical clinic and more recently as an upscale nail spa, this property is ready for immediate occupancy. The building's modern design and convenient amenities make it an ideal location for a variety of businesses seeking a prominent presence in a thriving area of Tyler, Texas. The property is also available for sale under MLS# 24013206.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2015
Total area 7,200 SF
Lot 0.99 ac (43,081 SF)
APN 1-50000-1013-17-026000
UPID US83-4204367

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon

Location

6718 Broadway Ave Tyler, TX 75703-4730
Tyler metro Census 2006 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$804k
Blend (final) Blend
$655k

Owner & transaction history

since 2019
5 recorded transactions
2025
Price N/A
2019
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $685,000 +13.6%
Restaurant $670,000 +10.7%
Auto repair, garage $620,000 +2.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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