Listed price in listed location currency (USD).
$450,000

000

MLS® 26010421

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 2800 sqft
Garage 
Taxes $1,372
Days Active 1
Lot Size 0.19 Acres
Approx. Age 1978
Avg. Price Per Sqft $160
MLS® Number 26010421

Property Address: 2416 E Southeast Loop 323, Tyler, TX, 75701-7342

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied 3-tenant retail investment opportunity located along E Southeast Loop 323 in Tyler, Texas. The property consists of approximately 2, 800 SF and offers investors in-place income with long-term tenancy, visibility, and future upside through under-market rents. The building is currently 100% occupied by three tenants, each of whom has operated at the property for 12+ years, providing a strong history of tenant stability and location commitment. Current NOI is $36, 992, providing an 8.22% cap rate at the $450, 000 asking price. Positioned along one of Tyler’s major commercial corridors, the property benefits from excellent visibility on Loop 323 with traffic counts of approximately 41, 000 vehicles per day nearby. The location sits just east of Troup Highway and between Troup Highway and University Blvd. With established tenants, term remaining, below-market rents, and strong Loop 323 exposure, this is a rare small-format retail investment opportunity with both immediate cash flow and long-term rental upside.
MLS® Number26010421
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 27, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
2416 E Southeast Loop 323, Tyler, TX

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