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1517 W Southwest Loop 323
Tyler, TX 75701
Building 1 · Office Property For Sale
Investment Highlights
- Two office buildings | 7,209 SF total (1515 & 1517 W. Southwest Loop 323)
- Additional lot included for future development or expansion
- Seller will consider selling the additional lot separately
- 1.244 acres total land with Loop 323 frontage and excellent visibility
- Owner-occupied with seller open to ~1-year leaseback of one office (income/transition flexibility)
Executive Summary
Positioned along W. Southwest Loop 323 with strong frontage and excellent visibility, 1515 & 1517 W. Southwest Loop 323 offer a rare opportunity to acquire two fully remodeled office buildings totaling 7,209 SF on 1.244 acres in Tyler, TX. The property has been comprehensively updated with a new roof, new HVAC, new siding, and fresh interior finishes including new paint and flooring, providing a turnkey solution for an owner-user or investor. An additional lot is included, offering future development potential and the ability to create additional ingress/egress to Professional Drive for improved access and circulation. The buildings are currently owner occupied; the seller will consider a short-term leaseback of one office for approximately one year, and may also consider selling the additional lot separately.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,209 SF
Building Class
B
Year Built/Renovated
1981/2023
Price
$1,550,000
Price Per SF
$215.01
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,605 SF
Building FAR
0.13
Lot Size
1.24 AC
Zoning
RPO - Office
Parking
20 Spaces (2.77 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1-50000-0900-08-007000 | Improvements Assessment | $350,610 |
| Land Assessment | $278,087 | Total Assessment | $628,697 |
Property Taxes
Parcel Number
1-50000-0900-08-007000
Land Assessment
$278,087
Improvements Assessment
$350,610
Total Assessment
$628,697
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