Vacant Auto Dealership/Redevelopment Opportun | 2650 SW Loop 323 loop
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Vacant Auto Dealership/Redevelopment Opportun 2650 SW Loop 323 loop
14,824 SF 100% Leased Retail Building Tyler, TX 75701 £2,601,646 (£176/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
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
£2,601,646
Price Per SF
£176
Percent Leased
100%
Number of Floors
1
Building FAR
0.15
Lot Size
2.26 AC
Zoning
C - Commercial
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1-50000-0836-24-010040 | Improvements Assessment | £735,450 |
Land Assessment | £553,101 | Total Assessment | £1,288,551 |
PROPERTY TAXES
Parcel Number
1-50000-0836-24-010040
Land Assessment
£553,101
Improvements Assessment
£735,450
Total Assessment
£1,288,551
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Vacant Auto Dealership/Redevelopment Opportun | 2650 SW Loop 323 loop
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