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Soft OfferCommercial Property for Sale in Tyler Texas 75702
403 S SE Loop 323, Tyler, Texas 75702
$2,991,000
$993 / sq ft 5% cap rate Listed Apr 1, 2025
3,012 sqft
Building
1992
Built
1
Stories
1
Units
Class C
Class
About this property
Commercial Property for Sale in Tyler Texas 75702 is a convenience stores and gas station for sale in Tyler, Texas, listed at $2,991,000. Key details: year built 1992, building size 3,012 sqft, stories 1, total units 1. Listed by Ned Skinner of Anchor Point Capital on LoopingCloud and last updated April 1, 2025.
Single-tenant retail property operating as a service station. Built in 1992, the building offers 3,012 square feet of space and is situated on a 0.94-acre lot with C-2 zoning and boasts significant frontage of 250 feet along Loop 323. The property is a single-story structure with a building FAR of 0.07.
Key highlights
- Occupied
- Net Lease Investment
- Lot Size (acres) 0.94
- Lease Commencement 04/01/2020
- Lease Expiration 03/31/2035
- - Primary Retail Corridor
- - Gas Pumps 8
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1992
- Building Size
- 3,012 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class C
- Occupied
- Yes
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
- Net Lease Investment
- Yes
Pricing details
- Net Operating Income
- $149,596
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
5%
Cap rate
$149,596
Net operating income
$993
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2025 | - | - | - | $149,596 | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,991,000 | 5.75% | - | - | - |
Features and amenities
Property Features
- Lot Size (acres): 0.94
- Lease Commencement: 04/01/2020
- Lease Expiration: 03/31/2035
Highlights
- - Long-Term 15-Year Lease; 10 Years Remaining
- - Zero Landlord Responsibilities; Absolute NNN Ground Lease
- - Primary Retail Corridor
- - Gas Pumps 8
Location
Address as shown by the lister.
Get directionsAbout this area - Tyler
- Population
- 26,259
- Housing units
- 9,069
- Land area
- 14.6 sq mi
- County
- Smith
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
2 people to reach- Chandler Dignam - cdignam@anchorpointcapital.comVice President of Advisory Services - CA 02110072 (714) 928-9617
- Eric Vu - evu@anchorpointcapital.comManaging Principal - CA 01913407 (949) 667-1077
Frequently asked questions
What is the asking price of Commercial Property for Sale in Tyler Texas 75702?
Commercial Property for Sale in Tyler Texas 75702 is listed at $2,991,000. That works out to about $993 per square foot. The stated cap rate is 5%.
Where is Commercial Property for Sale in Tyler Texas 75702 located?
The property is in 403 S SE Loop 323, Tyler, Texas 75702, Smith County.
What type of property is this?
This is a convenience stores and gas station for sale in the commercial category.
How big is the property?
The building is 3,012 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Ned Skinner of Anchor Point Capital listed this property. Use the Request Info button to send a message or call (714) 264-2454.
When was this listing published?
It was published on April 1, 2025 and last updated on April 1, 2025.
Listing information
- Listing ID
- CL-Texas-14687
- Published
- Apr 1, 2025
- Last updated
- Apr 1, 2025
- Views
- 488
Report a problem with this listing
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