1101 5Th StTyler, TX 75701

Property Details for 1101 5Th St

Year built

1965

Lot size

1.06 AC

Property size (Sq ft)

13,595 SF

Property type

Retail space

APN

1-50000-0658-03-010010

APU

150000065803010010

Description

The Fifth & Fleishel Shopping Center, located at 1101 E 5th St, Tyler, TX 75701, presents a unique investment opportunity. This established retail center boasts a total of 22,529 square feet across three buildings, situated on a 2.46-acre lot. Currently, there is 4,500 square feet of vacant space available, ideal for a variety of retail or restaurant uses. The property features 108 total parking spaces, ensuring ample convenience for customers. Built in 1967, the center is comprised of eight stories and benefits from a C-1 & R-2 zoning designation. Its high-visibility location directly across from Tyler Junior College and ETMC provides exceptional exposure to a large and consistent customer base. Current tenants include established businesses such as Roast Social Kitchen, Payless Shoe Source, and American Gold & Diamond Exchange, demonstrating the center's strong appeal and established market presence. The property's strategic location, just east of the Beckham and Fifth Street intersection, further enhances its accessibility and visibility. This is an exceptional opportunity to acquire a well-positioned retail center in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,401,151

  6.5%

  $4,062,601

  7%

  $3,772,415

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,010,833

  Geo Method

  $10,256,922

• Alternative Use

  Use

  Valuation

  Residential

  $3,426,956

  Hospitality

  $3,139,073

  Educational

  $2,611,672

  Medical

  $2,701,492

  Retail

  $4,062,601

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3316

Longitude

-95.2883

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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