1816 E Southeast Loop 323 - Retail FOR SALE


Tyler, TX 75701
$1,100,000 USD
903-570-7366
1816 E Southeast Loop 323, Tyler, TX for Sale
$1,100,000 USD
Retail - FOR SALE
1/29
null | Request Cap Rate

1816 E Southeast Loop 323
Tyler, TX 75701


HIGHLIGHTS

  • Traffic count: 38,739 vpd
  • High Traffic Counts: Benefiting from strong daily vehicle counts along both Loop 323 and Paluxy, ensuring maximum exposure for tenants.
  • Development Opportunity: Suitable for a Quick Service Restaurant (QSR) or other high-demand retail/restaurant use.
  • Strong Surrounding Retail: Located near established national and regional retailers, enhancing customer draw and property value.

OVERVIEW

Strategically positioned at the signalized intersection of Loop 323 and Paluxy Drive, this property delivers exceptional visibility and accessibility in one of Tyler’s most active retail corridors. The building provides immediate rental income with upside potential for redevelopment. Currently 75% owner occupied, the remaining 25% is occupied with a gross lease in place: 10/24-9/25: $1,600/mo 10/25-9/28: $1,700/mo The site offers consistent customer draw, plus ingress and egress points from both Loop 323 and Paluxy Drive to ensure smooth traffic flow and convenient customer access. Nearby: WALMART NEIGHBORHOOD MARKET: 966.8K Visits per Yr CRUNCH FITNESS: 817.1K Visits per Yr, 7th Busiest CRUNCH in Texas, 16th Busiest CRUNCH in Nation TEXAS ROADHOUSE: 598.2 Visits per Yr, 12th Busiest TX ROADHOUSE in Texas

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Building with Income Potential

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Retail

APN/PARCEL ID

1-50000-1091-00-001030

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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