$1,150,000

1950 N Northwest Loop 323

Tyler TX, 75702

Description

If you are looking for an excellent investment opportunity, this is Retail Center is the one for you! This 12,000 sqft of retail space is 100% occupied with 7 tenants and a 7% CAP rate with potential for 14% CAP rate. Located in a great and heavily traveled location on the NNW portion of Loop 323. This property has maximum visibility from both directions of traffic, facing Loop 323 with approximately 21,000 vehicles a day driving by. This investment is a great choice with little to no maintenance for the owner.

Details

MLS#14376591
Listing TypeFor Sale
Sub-TypeResale
StatusAOC
Year2015
Days On Site198

Features

SQ Feet12,000
Story(s)1
Units7
ZoningC

Market Activity 75702

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Area Information
StateTX
CountySmith
CityTyler
Zip Code75702
AreaSMITH COUNTY (98)
Listing VS Median (in 75702)
Price:
$1,150,000
low | high
Med:
$177,500
100% of Average
SqFt:
12,000
low | high
Med:
0
100% of Average
$ / SqFt:
$96
low | high
Med:
$0
100% of Average
On Site:
198
low | high
Med:
680
29.117647058824% of Average
Listing Updated: January 17, 2021 8:04:29 PM PST
Delanee Clark LogoMLS Number: 14376591
Listing Provided By:
Delanee Clark  of  RE MAX Landmark

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.