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    1950 N Northwest Loop 323

    Tyler, TX 75702
    • $1,150,000
    • STATUS: Active
    • ON SITE: 100 days
    • MLS #: 10124207
    UPDATED: 19 min ago
    $1,150,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    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.

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    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 2020-10-19T17:28:44.383.
    www.therosecityteam.com/homes/107747391
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    1950 N Northwest Loop 323 Tyler, TX 75702

    • Price: $1,150,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 10124207
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    Neighborhood:
    Smith
    County:
    Smith
    Area:
    Smith
    Property 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.
    Exterior Features

    Construction Concrete Based Siding Lot Dimensions 1. Water View No Waterfront No

    Interior Features

    Cooling Central Electric

    Property Features

    Available Financing CashConventional Building Description RetailShopping Center(S) Commercial Type Building Location Inside City Limits Sale Includes Building Security Gate No Short Sale YN No Zoning Retail

    Listing provided courtesy of Frank Roberts of Re/Max Landmark. Listing information © 2020 Greater Tyler Association of REALTORS® Multiple Listing Service.


    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 2020-10-19T17:28:44.383.
     
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    The Rose City Team
    4300 Kinsey Dr
    Tyler TX, 5703