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$400,000

1624 N NW Loop 323, Tyler, TX, 75702

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,224 Sq Ft
price_per_sqft$179.86 / sqft
Year BuiltBuilt in 1922

About this property

Great commercial opportunity on the Loop in Tyler! This 2,224-square-foot building offers a versatile layout with six individual rooms, a large lobby, kitchen, and bathroom, providing plenty of space for a variety of business uses. The property is currently vacant, allowing a new owner the flexibility to bring their own vision and business to the space. Outside, the property offers a large parking area in the front, a spacious lot area in the back, and an additional second building that provides even more flexibility for storage, workspace, or other business needs. With its location on the Loop, generous lot size, multiple interior rooms, and additional building, this property offers plenty of potential for an owner-user or investor.

Investor Tools

$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Rebecca Burks

RE/MAX Professionals

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Tyler

1624 N NW Loop 323 | Property Details | No Agent List