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1950 N Northwest Loop 323 Tyler, TX 75702
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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
Year Built 2015
Annual Tax Amount $21,134
Lot Size 1.000 Acres
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
Interior
Heating Central, Electric, Zoned
Cooling Central Air, Electric, Zoned
Flooring Carpet, Ceramic Tile
Exterior
Utilities Available All Weather Road, Asphalt
Roof Type Metal
Building
Foundation Slab
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Aerial Photo
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Bought with Non-Mls Member • NON MLS