DOWNTOWN TYLER PROPERTY 1+ ACRES
Retail-Commercial
for Sale
| Catylist Listing ID: |
30704471 |
| Property Subtypes: |
Free-Standing Building, Other
|
| Building Size (RSF): |
12,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.14 Acres
|
| Sale Price: |
$385,000 |
| Unit Price: |
$32.08 PSF |
| Ceiling: |
15 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/3/2021 |
Overview / Comments
|
Downtown Tyler property with huge upside! 12,000 square foot building sitting on over an acre of land. Property is in structurally soundcondition with metal roof trusses and steel I-Beams under second floor. This property has many re-use purposes from retail, apartments,shop or build new on almost 1 acre of cleared land. This property is just a 2 minute walk away from a new 112 unit apartment complexas well as 18 new townhomes under construction. The downtown area is set to boom over the next few years with new and currentprojects including: a new proposed County Courthouse being constructed, breweries, restaurants, bars, shows and the walkability of thedowntown area.
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Additional Details
| Nearest MSA: |
Tyler |
| County: |
Smith |
| Tax ID/APN: |
150000033100009010 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
Business |
| Property Located Between: |
Glenwood & Beckham |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Erwin |
| Highway Access: |
Highway 64
Highway 110 |
| Airports: |
Tyler Pounds Field |
| Site Description: |
City, Commercial |
| Area Description: |
Downtown Tyler |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
12,000 SF |
| Property Condition: |
Average |
| Year Built: |
1935 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Other |
| Parking Description: |
Fenced Lot |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Zoning Description: |
Commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Other |
| Legal Description: |
CITY OF TYLER BLOCK 331 LOT 10 & 9A |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,345 |
59,147 |
94,468 |
| Median Age: |
29.94 |
33.2 |
33.71 |
| Households: |
4,223 |
20,818 |
36,433 |
|
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