112 Line StTyler, TX 75702

  • Office buildings
  • 32,025 SF
For Lease
$18/SF/YR View listing

Property Details for 112 Line St

Year built
1911
Lot size
0.75 AC
Property size (Sq ft)
32,025 SF
Property type
Office buildings
APN
1-50000-0032-00-008030
APU
150000003200008030

Description

The Wadel-Connally Building, located at 112 E Line St, Tyler, TX 75702, offers exceptional executive office space in a Class B building. This multi-tenant property boasts a total of 31,146 square feet, with 6,267 square feet currently vacant and available for lease. Suites range from a minimum of 2,527 square feet to a maximum contiguous space of 3,740 square feet, providing flexibility for businesses of various sizes. The building features convenient amenities including 150 parking spaces and one elevator for easy access. The property's APN is 150000003200008030. This prime location in Tyler, Texas offers excellent visibility and accessibility for your business. The building is well-maintained and provides a professional environment for your employees and clients. Interested parties should inquire about the available space and lease terms. This is an excellent opportunity to secure high-quality office space in a desirable location. Don't miss out on this chance to establish your business in a thriving Texas community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,052,756
    6.5%
    $6,510,236
    7%
    $6,045,220
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,684,026
    Geo Method
    $9,587,965
  • Alternative Use

    Use
    Valuation
    Residential
    $8,072,694
    Hospitality
    $7,394,544
    Educational
    $6,152,174
    Medical
    $6,363,756
    Retail
    $9,570,048

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.354
Longitude
-95.2999
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
$31,647
$97,500
$1,717,998
$1,815,498
-
$97,500
$1,717,998
$1,815,498

FAQs

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