509 DouglasTyler, TX 75702

  • Office buildings
  • 10,514 SF
Off market
$46,236,670 Estimated

Property Details for 509 Douglas

Year built
1980
Lot size
4.61 AC
Property size (Sq ft)
10,514 SF
Property type
Office buildings
APN
1-50000-0073-00-006050
APU
150000007300006050

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,315,462
    6.5%
    $2,137,350
    7%
    $1,984,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,537,794
    Geo Method
    $3,147,786
  • Alternative Use

    Use
    Valuation
    Residential
    $2,650,314
    Hospitality
    $2,427,673
    Educational
    $2,019,796
    Medical
    $2,089,259
    Retail
    $3,141,904

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.345
Longitude
-95.2934
CBSA code
46340
CBSA name
TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$1,005,145
$603,296
$1,608,441
-
$1,005,145
$603,296
$1,608,441

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