10521 Us-271Tyler, TX 75708

Property Details for 10521 Us-271

Year built

2004

Lot size

2.54 AC

Property size (Sq ft)

8,450 SF

Property type

Warehouses

Property subtype

Office properties

Description

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.

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.4143

Longitude

-95.2323

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