1500 W SOUTHWEST LOOP 323, TYLER, TX 75701
Homes for sale in Tyler.
Homes for sale in 75701.
1500 W Southwest Loop 323
Tyler, TX 75701
List Price$2,750,000
Listing #20824140
About This Property
Located at 1500 W SW Loop 323, this 5,964 SF building, formerly home to Red Lobster, sits on 1.737 acres in one of the city's busiest commercial corridors with over 35,000 vehicles per day on Loop 323. Its prime location offers outstanding visibility and high daily traffic, making it ideal for a wide range of business ventures. All FF&E included in the sale of the property, making it a turn key restaurant location for any operator. The property features ample on-site parking, a flexible interior layout, and seamless access to major roadways. Surrounded by established retail, dining, and commercial establishments, this site is perfectly positioned to capture the attention of customers in a vibrant, growing market.
Property Features
Location Information
County
Smith
Subdivision
City Of Tyler
Interior Features
Has Fireplace
No
Floors
Carpet, Tile
Heating
Central
Tenant Pays
Other
Cooling
Central Air
Total Number of Units
1
Exterior Features
Construction
Other
Lot Size in Acres
1.737
Foundation
Slab
Lot Size in Sq. Ft.
75,663
Roof
Composition
Possible Best Use
Restaurant
Water / Sewer
Sewer Available, Water Available
Zoning
C-2
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
5,964
Parking Description
On Site, Paved
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
18464.0
Property SubType
Retail
Lot Acres Source
Assessor
Year Built
1980
Similar Listings
Mortgage Calculator
$12,841
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,909
Monthly Tax
$2,291
Monthly Insurance
$641
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Sam Scarborough, Scarborough Commercial Real LL
© 2025 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at March 29, 2025, 11:37 AM CT
Real Estate IDX Powered by iHomefinder