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Vacant Auto Dealership/Redevelopment Opportun 2650 SW Loop 323 loop

14,824 SF 100% Leased Retail Building Tyler, TX 75701 $4,713,088 CAD ($318 CAD/SF)

Investment Highlights

  • Subject Property – Existing building is approximately ±14,824 SF; Total site encompasses ±2.23 AC
  • Prime Location – Fronting SW Loop 323 and access to Frankston Hwy
  • Robust Demographics – Population base of over 113,478 in a 5-mile radius with 84,715 daytime employees
  • Current Use – Fully furnished for auto dealership or commercial use
  • Strong Traffic Counts – ±34,366 cars per day on nearby W SW Loop 323 and Trimms St
  • Strong Submarket (Tyler & Longview) – Tyler MSA is one of the largest metropolitan areas in East Texas and has an estimated population of ±245,209

Executive Summary

Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
14,824 SF
Building Class
B
Year Built
2003
Price
$4,713,088 CAD
Price Per SF
$318 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Land Acres
2.26 AC
Zoning
C - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-50000-0836-24-010040
Land Assessment
$1,001,987 CAD
Improvements Assessment
$1,332,325 CAD
Total Assessment
$2,334,312 CAD
  • Listing ID: 32792883

  • Date on Market: 2024-08-14

  • Last Updated:

  • Address: 2650 SW Loop 323 loop, Tyler, TX 75701

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