527 Erwin StTyler, TX 75702

  • Warehouses
  • 1,300 SF
For Lease
$16/SF/YR View listing

Property Details for 527 Erwin St

Year built
1932
Lot size
0.17 AC
Property size (Sq ft)
1,300 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
1-50000-0067-00-003010
APU
150000006700003010

Description

This exceptional 3,600-square-foot Class A retail space, located at 527 W Erwin St in Tyler, Texas, presents a unique opportunity for a restaurant or retail business. Built in 2022, this single-tenant property boasts a modern design and is situated in the vibrant heart of downtown Tyler, within Smith County (zip code 75702). The property features 13 parking spaces, ensuring ample convenience for customers and staff. The entire 3,600 square feet is currently vacant and ready for immediate occupancy. A significant tenant improvement allowance or free rent period is being offered by the landlord to assist new tenants in establishing their business within this rapidly growing market. Detailed architectural plans are available upon request, allowing for customization to perfectly suit a tenant's specific needs. Tyler's downtown area is experiencing significant revitalization, with numerous ongoing and planned developments, including a new county courthouse, breweries, restaurants, bars, and entertainment venues. This prime location offers excellent walkability and high visibility, creating an ideal environment for a thriving business. This is a rare opportunity to secure a stunning, modern space in a booming downtown location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $327,697
    Hospitality
    $300,169
    Educational
    $249,737
    Medical
    $258,326
    Retail
    $388,480
527 Erwin St, Tyler, Texas

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3506
Longitude
-95.2952
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
2024
$424
$22,216
$39,919
$62,135
-
$22,216
$39,919
$62,135

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