$1,150,000
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1950 N Northwest Loop 323 Tyler, TX 75702
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $95
Subdivision Rustic Wood
MLS Listing ID 14376591
Sold Date 03/09/21
Total Fin. Sqft 12000
Year Built 2015
Annual Tax Amount $21,134
Lot Size 1.000 Acres
Acres 1.0
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.
Location
State TX
County Smith
Zoning C
Direction On the Northwestern side of Tyler. From Hwy 69 head west on Loop 323 for approx. 1 mile. Property on the right.
Interior
Heating Central, Electric, Zoned
Cooling Central Air, Electric, Zoned
Flooring Carpet, Ceramic Tile
Heat Source Central, Electric, Zoned
Exterior
Utilities Available All Weather Road, Asphalt
Roof Type Metal
Street Surface Asphalt
Garage No
Building
Foundation Slab
Others
Ownership Of Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Aerial Photo
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Bought with Non-Mls Member • NON MLS
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