Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7922 Broadway Ave Tyler, TX 75703-5242
    Back to Search
    Property profile & analytics

    7922 Broadway Ave, Tyler, TX 75703-5242

    View on Map
    • Investment properties
    • 42,000 SF
    • 4.30 lot acres
    Off-Market
    Property ID
    US82-5261612
    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
    $4,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Community Integration Project / Charitable Organization / Social Service Agency
    • Stoodeo / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Spade Design Web Design & Digital Marketing Agency / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Tyler Roofing Company / Roofing Company / General Contractor
    • Genkab Homes, LLC / Construction Company / General Contractor

    Property Details for 7922 Broadway Ave

    Year built
    2001
    Lot size
    4.30 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1-50000-1150-00-003080
    APU
    150000115000003080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 4, 2011 — Finao LLC Iowa Falls Partners LP Venders Lien $2.3M · Jpmorgan Chase Bank NA
    Jun 21, 2007 — Iowa Falls Partners — Trustees Deed · related $300k · Bancorp South Bank
    — — Finao LLC — Deed Of Trust · related $1.9M · Citizens St Bk
    — — Iowa Falls Partners LP — Deed Of Trust · related $44k · Bancorp South Bank
    — — Iowa Falls Partners LP — Deed Of Trust · related $44k · Bancorp South Bank
    — — Iowa Falls Partners LP — Deed Of Trust · related $121k · Bancorp South Bank
    — — Iowa Falls Partners LP — Deed Of Trust · related $13k · Bancorp South Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,242,000
      Market price range: $1.96M - $6.14M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,005,000
      Current use
      RESTAURANT
      $3,905,000
      Change: -3% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,625,000
      Change: -10% Conversion: Difficult
      OFFICE BUILDING
      $3,530,000
      Change: -12% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.3058
    Latitude
    32.2601
    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
    $49,936
    $1,264,478
    $1,600,161
    $2,864,639
    -
    $1,264,478
    $1,600,161
    $2,864,639

    Comparable in this City

    • Value Estimation by Request
      1,280 SF

      2114 Brandon Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      2114 Brandon Dr, Tyler, TX 75703-5983
      View Details
    • Value Estimation by Request
      1,650 SF

      13901 County Rd 193

      OFFICE/RESIDENTIAL (MIXED USE)
      13901 County Rd 193, Tyler, TX 75703-6611
      View Details
    • Value Estimation by Request
      1,728 SF

      13904 County Rd 193

      OFFICE/RESIDENTIAL (MIXED USE)
      13904 County Rd 193, Tyler, TX 75703-6610
      View Details
    • Value Estimation
      $3,010,000
      19,824 SF

      1820 Shiloh Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      1820 Shiloh Rd, Tyler, TX 75703-2426
      View Details
    • Value Estimation
      $1,140,000
      7,390 SF

      8310 Broadway Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      8310 Broadway Ave, Tyler, TX 75703-5400
      View Details
    • Value Estimation by Request
      1,810 SF

      4610 Troup Hwy

      OFFICE/RESIDENTIAL (MIXED USE)
      4610 Troup Hwy, Tyler, TX 75703-2322
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,993 SF

      Office and Warehouse on FM 2493

      Office suites and warehouse space on 1.10 acres.
      15488 Fm 2493, Tyler, TX 75703
      View Details
    • Contact for pricing
      3,147 SF

      Tyler Duplex: Turnkey Investment Opportunity

      Fully occupied duplex in Tyler with immediate income potential.
      2103 Easy St, Tyler, TX 75703
      View Details
    • Contact for pricing

      Prime Commercial Lot For Sale

      1.769-acre commercial lot in high-growth area, ideal for development.
      5234 Old Jacksonville Hwy, Tyler, TX 75703
      View Details
    • Contact for pricing

      High-Visibility Land Near Toll 49

      Undeveloped land with strategic location in South Tyler.
      16393 Fm 2493, Tyler, TX 75703
      View Details
    • Contact for pricing
      4,601 SF

      South Tyler Versatile Commercial Property

      4,601 SF property suitable for retail, office, or wellness.
      19359 Us Highway 69 S, Tyler, TX 75703
      View Details
    • Contact for pricing
      2,880 SF

      Versatile Office Space Available

      Suites 200 & 300, 2,880 SF, prime location.
      1404 Rice Rd #200, Tyler, TX 75703
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,522 SF

      Retail Space Available For Lease

      7,522 square feet retail space available for lease.
      8926 S Broadway Ave, Tyler, TX 75703
      View Details
    • Contact for pricing
      1,450 SF

      Office Space on Shiloh Road

      Class B office space with high visibility and convenient location.
      1800 Shiloh Rd, Tyler, TX 75703
      View Details
    • Contact for pricing
      10,946 SF

      Retail Flex Space on Broadway

      Multi-tenant retail flex space with high visibility and access.
      6708 S Broadway Ave, Tyler, TX 75703
      View Details
    • Contact for pricing
      2,592 SF

      Tyler Office Space For Lease

      Office space for lease in a high-visibility location.
      15488 Fm 2493, Tyler, TX 75703
      View Details
    • Contact for pricing
      3,457 SF

      Two-Story Office Space For Rent

      3,457 SF office space in high-traffic area.
      4605 Old Bullard Rd, Tyler, TX 75703
      View Details
    • Contact for pricing
      1,445 SF

      Retail Space in Tyler, TX

      Regional mega-center retail space available for lease in Tyler, TX.
      8934 S Broadway Ave, Tyler, TX 75703
      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.
    7922 Broadway Ave
    Tyler, TX 75703-5242
    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
    7922 Broadway Ave, 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!