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13207 Hwy 155 S

Tyler, TX 75703
  • $359,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 24002296
UPDATED: 130 min ago
$359,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

Investment or Owner/User opportunity. Approximately half the building was updated in the past two years and may easily be divided for use by more than one tenant/user. 14 private offices, 2 large conference rooms. One conference room is large enough for training or to set up cubicles for additional work space. Reception/lobby, 2 server/copy rooms, large kitchen/break room and 5 private restrooms. One executive office has a fireplace and full bathroom with shower. Deeded easements for driveways and shared septic sytem. Estimated market rent is $12 per square foot NNN which would produce an NOI of approximately $69,090 making this a potential 19% plus Cap Rate. BY APPOINTMENT ONLY. DO NOT DISTURB TENANT. Currently occupied but Tenant is vacating by May 31, 2024. Email us for a showing.

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[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-24T00:28:56.323.
www.platinumrealtygroup.homes/homes/147747845
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13207 Hwy 155 S Tyler, TX 75703

  • Price: $359,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 130 min ago
  • MLS #: 24002296
0
Beds
0
Baths
0
½ Baths
0.67
Acres
1975
Built
Neighborhood:
Smith
County:
Smith
Area:
Smith
Property Description
Investment or Owner/User opportunity. Approximately half the building was updated in the past two years and may easily be divided for use by more than one tenant/user. 14 private offices, 2 large conference rooms. One conference room is large enough for training or to set up cubicles for additional work space. Reception/lobby, 2 server/copy rooms, large kitchen/break room and 5 private restrooms. One executive office has a fireplace and full bathroom with shower. Deeded easements for driveways and shared septic sytem. Estimated market rent is $12 per square foot NNN which would produce an NOI of approximately $69,090 making this a potential 19% plus Cap Rate. BY APPOINTMENT ONLY. DO NOT DISTURB TENANT. Currently occupied but Tenant is vacating by May 31, 2024. Email us for a showing.
Exterior Features

Construction Brick Veneer Lot Dimension Source SCAD Lot Dimensions 186' x 175' Water View No Waterfront No

Interior Features

Gross Leasable Area 5755

Property Features

Building Description Office Building(s)Office Commercial Type Building Foreclosure Or Bank Owned No Location Outside City LimitsMajor Arteries Sale Includes Building Security Gate No Short Sale YN No Sq Ft Source 5755 Year Built Source SCAD Zoning Commercial

Listing provided courtesy of Marc Ivy of BRIDGEWATER REALTY GROUP: . Listing information © 2024 Greater Tyler Association of REALTORS® Multiple Listing Service.


[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-24T00:28:56.323.
 
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Platinum Realty
7925 S Broadway Ave #430
Tyler TX, 75703