436 Fannin AveTyler, TX 75702

Property Details for 436 Fannin Ave

Year built

1919

Lot size

0.34 AC

Property size (Sq ft)

5,134 SF

Property type

Office buildings

APN

1-50000-0076-00-018000

APU

150000007600018000

Description

This exceptional 5,500 square foot office building presents a unique investment opportunity in Tyler, Texas's historic district. Ideally situated for convenient access to both the downtown area and the medical district, this property boasts extensive renovations throughout. The interior features ten individual offices, providing ample space for a variety of business needs. Seven full bathrooms ensure convenience for staff and clients alike, complemented by a full kitchen and a separate kitchenette. A large reception area creates a welcoming and professional first impression. The property also includes abundant built-in cabinetry and storage, thoughtfully integrated while preserving the building's charming historical character. Ample parking is available at the rear of the building, offering convenient access for employees and visitors. This turnkey commercial property is ready for immediate occupancy and represents a strong investment in a desirable location. The building's size and features make it suitable for a variety of uses, from medical practices to professional services firms. Its prime location within the historic district offers high visibility and easy access to local amenities. The combination of renovated space, ample parking, and a desirable location makes this property a truly exceptional opportunity. Don't miss your chance to own a piece of Tyler's history.

• CAP approach

  CAP return

  Valuation

  6%

  $1,130,643

  6.5%

  $1,043,671

  7%

  $969,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $750,907

  Geo Method

  $1,537,068

• Alternative Use

  Use

  Valuation

  Residential

  $1,294,152

  Hospitality

  $1,185,436

  Educational

  $986,269

  Medical

  $1,020,188

  Retail

  $1,534,196

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3453

Longitude

-95.2981

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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