3200 Troup HwyTyler, TX 75701

Property Details for 3200 Troup Hwy

Year built

1984

Lot size

2.39 AC

Property size (Sq ft)

45,595 SF

Property type

Office buildings

APN

1-50000-0976-00-002030

APU

150000097600002030

Description

Alpha Centre, a Class B medical office building in Tyler, Texas, offers exceptional space for lease. Located at 3200 Troup Hwy (Troup & Golden Cross Streets), this single, three-story building totals 45,632 square feet and boasts excellent visibility due to its prime location on Highway 110 and South Loop 323. The property is zoned RPO and situated in Smith County, zip code 75701. Multiple tenancy options are available, with spaces ranging from a minimum of 1,640 square feet to a maximum contiguous space of 4,207 square feet. Currently, 9,095 square feet is vacant and ready for immediate occupancy. Built in 1984, Alpha Centre provides convenient access to a wealth of nearby amenities, including numerous retail establishments, restaurants, and banking institutions. This presents a unique opportunity for medical practices seeking a well-located, established space in a thriving area. The building's strategic location ensures high visibility and easy accessibility for patients and staff alike. Serious inquiries are encouraged to explore the available space and its potential to meet your practice's needs. Contact us to schedule a viewing and discuss lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $11,380,100

  6.5%

  $10,504,700

  7%

  $9,754,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,668,800

  Geo Method

  $13,650,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,910,000

  Retail / Commercial

  $10,677,800

  Mixed-Use / Specialty

  $10,604,400

  Hospitality / Lodging

  $7,734,190

  Institutional / Educational

  $11,011,700

  Residential Income

  $12,883,700

  Multifamily

  $15,647,600

  Automotive / Energy

  $9,438,610

  Parking / Income-Based Land

  $3,292,000

  Restaurant / Food Service

  $5,440,150

  Healthcare / Senior Housing

  $10,910,800

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3147

Longitude

-95.2754

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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