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713 W Southwest Loop 323 Tyler, TX $ 3,100,000
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$ 3,100,000 Get more info
713 W Southwest Loop 323
$ 3,100,000
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Share Save

713 W Southwest Loop 323

Tyler, TX, 75701
$ 3,100,000
Baths0.0

Monthly Estimate*

$ 20,604

713 W Southwest Loop 323, Tyler, TX 75701 - Image 1
713 W Southwest Loop 323, Tyler, TX 75701 - Image 2
713 W Southwest Loop 323, Tyler, TX 75701 - Image 3
713 W Southwest Loop 323, Tyler, TX 75701 - Image 4
713 W Southwest Loop 323, Tyler, TX 75701 - Image 5
713 W Southwest Loop 323, Tyler, TX 75701 - Image 6
713 W Southwest Loop 323, Tyler, TX 75701 - Image 7
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713 W Southwest Loop 323, Tyler, TX 75701 - Image 9
713 W Southwest Loop 323, Tyler, TX 75701 - Image 10
713 W Southwest Loop 323, Tyler, TX 75701 - Image 11
713 W Southwest Loop 323, Tyler, TX 75701 - Image 12
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Studio

Commercial Property for sale in Tyler, TX

for $3,100,000. This building was built in 1976 on a lot size of 1.421.

The River Oaks Shopping Center is situated on approximately 1.42 acres of land and is currently occupied by a diverse tenant mix. This shopping center is positioned on a prime location on Loop 323 with the center surrounded by national retailers. With almost 36K vehicles per day and 280 ft of road frontage, the center is positioned for long term tenancy due to exposure and surrounding users. The center had extensive updates and improvements completed in 2021. From brand new roof systems to state-of-the-art HVAC units, upgraded plumbing lines above and below the slab. The overall enhancements to the center create an inviting atmosphere that will undoubtedly attract customers and drive business. Featuring a convenient drive-through on the East side, with an easement connecting Loop 323 to Shelly Drive. At 71% occupancy, there's still room for increased occupancy, allowing you to maximize your returns. Plus, all leases are on a NNN basis, meaning tenants take care of owner expenses.

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Commercial Active

Price

$ 3,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,946

Style

Retail

Lot Size

1.421

Year Built

1976

Town/City

Tyler

County/Region

Smith

MLS | Web ID

20534343
Features
General
Heating Natural Gas
Cooling Electric
Utilities Asphalt City Sewer City Water Concrete Curbs Electricity Connected Individual Gas Meter Overhead Utilities
Ceiling Height 11 to 14 Feet Suspended
Possession Closing/Funding
Roof Flat
Year Built 1976
Topography Level
Business Type Commercial Retail
Property SubType Retail
Subdivision Name City Of Tyler
Accessibility Features Meets ADA Requirements
Occupant Type Tenant
County Smith
Property Type Commercial Sale
Construction Materials Other
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions North on Broadway. Take a left on Loop 323 cross over Old Bullard and property is .25 miles on the right.
City Tyler
Buyer Agent Compensation 3
Street Name Southwest Loop 323
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Level
Lot Size Source Assessor
Parking Features No Garage On Site Parking Lot Paved Unassigned
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Dimensions 275x230
Building Area Total 15327.00
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Interior
Flooring Other
Total Stories 1
Total Units 9
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Internal Only
Street Number 1 713
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* Excluded Features
List By
Sam Scarborough

Listing Agent

Scarborough Commercial Real Ll

Broker

Affordability Calculator

$22,349
Per Month
92%
8%
0%
Monthly Principal & Interest
$20,604
Monthly Property Taxes
$1,746
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/26/2024 $3,100,000 -8.82% Price Down
3/4/2024 $3,400,000 -5.56% Price Down
2/13/2024 $3,600,000 Listed Price

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713 W Southwest Loop 323, Tyler, TX, 75701 is a Commercial Property for sale at $3,100,000 with a lot size of 1.421. 713 W Southwest Loop 323 is a studio with 0.0 baths and was built in 1976. The property's zip code is 75701 which is in Tyler, TX

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