1517 W Southwest Loop 323 - Office FOR SALE


Tyler, TX 75701
$1,550,000 USD
903-714-2041
1517 W Southwest Loop 323, Tyler, TX for Sale
$1,550,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

1517 W Southwest Loop 323
Tyler, TX 75701


HIGHLIGHTS

  • Two office buildings | 7,209 SF total (1515 & 1517 W. Southwest Loop 323)
  • 1.244 acres total land with Loop 323 frontage and excellent visibility
  • Additional lot included for future development or expansion
  • Owner-occupied with seller open to ~1-year leaseback of one office (income/transition flexibility)
  • Seller will consider selling the additional lot separately

OVERVIEW

Positioned along W. Southwest Loop 323 with strong frontage and excellent visibility, 1515 & 1517 W. Southwest Loop 323 offer a rare opportunity to acquire two fully remodeled office buildings totaling 7,209 SF on 1.244 acres in Tyler, TX. The property has been comprehensively updated with a new roof, new HVAC, new siding, and fresh interior finishes including new paint and flooring, providing a turnkey solution for an owner-user or investor. An additional lot is included, offering future development potential and the ability to create additional ingress/egress to Professional Drive for improved access and circulation. The buildings are currently owner occupied; the seller will consider a short-term leaseback of one office for approximately one year, and may also consider selling the additional lot separately.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 1

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

RPO

APN/PARCEL ID

1-50000-0900-08-007000

ASK ABOUT THIS PROPERTY

Cole IhrigPatterson Commercial Property GroupMore Info
903-714-2041

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Cole IhrigPatterson Commercial Property GroupMore Info
903-714-2041

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.