For Sale
$1,100,000

10521 Us-271Tyler, TX 75708

Mixed-use industrial; high visibility location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This Tyler, Texas property offers a compelling value-add investment opportunity. Located on US-271 with over 20,000 vehicles passing daily, this 2.54-acre site boasts a 8,450 square foot building featuring 3,250 square feet of net rentable space. The main building includes three offices, a conference room, warehouse area with two garage doors, two bathrooms (one with a shower), and a kitchenette. The property also includes 50 self-storage units, currently 85% leased, and a poured concrete pad suitable for expansion. Built in 2004 and renovated in 2023, this Class B property offers significant potential for increased revenue. The property's convenient location, just six miles south of I-20 and four miles north of Loop 323, ensures high visibility and easy access. The asking price is $1,100,000, translating to $130.18 per square foot. Note that a separate cell tower lease is not included in the sale. This mixed-use property, encompassing flex space, traditional office space, and warehouse space, presents a rare chance to acquire a well-positioned income-generating asset in a thriving industrial sector. The existing self-storage units provide immediate cash flow, while the remaining space offers significant potential for further development and lease-up.

Highlights

  • $1,100,000 asking price for a value-add, Class B mixed-use property.
  • 8,450 total square feet, with 3,250 square feet of net rentable space.
  • Located on 2.54 acres at 10521 US-271, Tyler, TX 75708, offering high visibility on a major thoroughfare.
  • Features three buildings, including a flex office/warehouse with three offices, a conference room, warehouse area with two garage doors, two bathrooms (one with shower), and a kitchenette.
  • Includes 50 self-storage units, currently 85% occupied.

Property Details for 10521 Us-271

Property type
Warehouses, Office properties
Square Feet
8,450 SF
Class
B
Year Built/Renovated
2004/2023
Buildings
3
Stories
1
Lot Size (sq. ft)
110,642 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.414304779842
Longitude
-95.232263214907
10521 Us-271, Tyler, Texas

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10521 Us-271
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