For Sale
$325,000

2916 Chandler HwyTyler, TX 75702

Tyler, TX Warehouse - $325,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents two mini-warehouse buildings totaling 10,950 square feet situated on a 0.79-acre lot at 2916 Chandler Hwy, Tyler, TX 75702. Built in 1983 and zoned C-2, the property offers twelve individual units, each with an overhead and man door, providing convenient access for tenants. Six units measure 875 square feet, while the remaining six are 1,000 square feet each. Currently, one unit is leased, presenting a strong value-add potential for investors of all experience levels. The property's location within an Opportunity Zone provides significant tax advantages. The asking price is $325,000, translating to $29.68 per square foot. The property boasts trailer accessibility, catering to a wide range of tenants. Given the high demand and low supply of similar properties in this area of the Tyler market, this represents a compelling investment opportunity with significant upside potential. All units are individually metered. The property is conveniently located in Smith County, Texas, offering easy access to major transportation routes. This is a rare chance to acquire a well-located, income-producing asset in a thriving market.

Highlights

  • 12-unit multifamily property, 1 unit currently leased.
  • Mix of 875 SF and 1000 SF units (6 of each).
  • Each unit features an overhead door and a man door.
  • Property offers trailer access.
  • Situated in a designated Opportunity Zone, offering potential tax advantages.
  • High demand, low supply in this Tyler submarket.

Property Details for 2916 Chandler Hwy

Property type
Warehouses, Self storage facilities
Square Feet
10,950 SF
Year Built
1983
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3470684
Longitude
-95.3320845
2916 Chandler Hwy, Tyler, Texas

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2916 Chandler Hwy
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