Investment Opportunity Commercial & Residential

Office for Sale
Catylist Listing ID: 30342407
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 3,577 SF
Gross Building Area: See Agent
Gross Land Area: 2.96 Acres
Sale Price: $695,000
Unit Price: $194.30 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/8/2019

Overview / Comments

Investment opportunity with NNN Lease Commercial Tenant and
Income producing residential property
Approx. 2.00 ac. ready for development
455 +/- feet of Hwy. 155 frontage
Access from Hwy. 155 & Sheldon Ln.
Utilities present
Outside City Limits – Not subject to zoning
Seller will subdivide
~0.15 miles north of Grande & Hwy 155 intersection
~1.75 miles south of Loop 323 & Hwy 155 intersection

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Property Located Between: Loop 323 & Grande Blvd.
Property Visibility: Excellent
Highway Access: Frontage on Hwy. 155 with easy access to Loop 323 and Old Jacksonville Hwy.
Total Number of Buildings: 2
Year Built: 2007
Roof Type: Gable
Construction/Siding: Aluminum Siding, Brick, Metal Siding, Steel Frame, Stone, Vinyl Siding
Parking Type: Surface
Lot Frontage: 455 ft

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,491 28,733 80,484
Median Age: 38.33 38.73 36.66
Households: 1,902 12,789 32,338


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