$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 Type | For Sale |
| Sub-Type | Resale |
| Status | AOC |
| Year | 2015 |
| Days On Site | 198 |
Features
| SQ Feet | 12,000 |
|---|---|
| Story(s) | 1 |
| Units | 7 |
| Zoning | C |
Market Activity 75702
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| Area Information | |
|---|---|
| State | TX |
| County | Smith |
| City | Tyler |
| Zip Code | 75702 |
| Area | SMITH COUNTY (98) |
| Listing VS Median (in 75702) | |
Price: $1,150,000 low | high Med: $177,500 SqFt: 12,000 low | high Med: 0 $ / SqFt: $96 low | high Med: $0 On Site: 198 low | high Med: 680 | |
Listing Updated: January 17, 2021 8:04:29 PM PST
MLS Number: 14376591Listing Provided By:
Delanee Clark of RE MAX Landmark