8926 Broadway AveTyler, TX 75703

Property Details for 8926 Broadway Ave

Year built

2014

Lot size

40.79 AC

Property size (Sq ft)

50,735 SF

Property type

Retail space

APN

1-50000-1153-00-007161

APU

150000115300007161

Description

The Village at Cumberland Park offers exceptional retail and restaurant opportunities in Tyler, Texas. This prominent regional mega-center boasts a total of 700,000 square feet, strategically situated at the intersection of Broadway Avenue and the new TX-Loop 49 Toll Road, providing unparalleled access and visibility. With a substantial 80-acre lot size, this mixed-use property caters to a diverse range of businesses. Currently, there is 120,391 square feet of vacant space available, divisible into units ranging from a minimum of 1,366 square feet to a maximum contiguous space of 35,900 square feet, perfect for multiple tenants or a single large-scale operation. The center's tenant mix includes a collection of national retailers, unique restaurants, and entertainment venues, establishing it as the leading retail destination in the region. Its expansive trade area encompasses many surrounding East Texas markets, ensuring a robust customer base. Detailed demographic and top employer information is available upon request. This is a rare opportunity to secure a prime location within a thriving retail environment. Contact us today to learn more about leasing options and explore the potential of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $16,424,597

  6.5%

  $15,161,167

  7%

  $14,078,226

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,699,860

  Geo Method

  $38,277,672

• Alternative Use

  Use

  Valuation

  Residential

  $12,789,012

  Hospitality

  $11,714,666

  Educational

  $9,746,464

  Medical

  $10,081,660

  Retail

  $15,161,167

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.2512

Longitude

-95.3033

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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