2416 SE LOOP 323, TYLER, TX 75701
Homes for sale in Tyler.
Homes for sale in 75701.
List Price$450,000
2416 SE Loop 323
Tyler, TX 75701
Listing #26010421
2,800
Square Feet
3
Number of Units
Commercial
Type
About This Property
Fully occupied 3-tenant retail investment opportunity located along E Southeast Loop 323 in Tyler, Texas. The property consists of approximately 2,800 SF and offers investors in-place income with long-term tenancy, visibility, and future upside through under-market rents. The building is currently 100% occupied by three tenants, each of whom has operated at the property for 12+ years, providing a strong history of tenant stability and location commitment. Current NOI is $36,992, providing an 8.22% cap rate at the $450,000 asking price. Positioned along one of Tyler's major commercial corridors, the property benefits from excellent visibility on Loop 323 with traffic counts of approximately 41,000 vehicles per day nearby. The location sits just east of Troup Highway and between Troup Highway and University Blvd. With established tenants, term remaining, below-market rents, and strong Loop 323 exposure, this is a rare small-format retail investment opportunity with both immediate cash flow and long-term rental upside.
Property Features
Location Information
County
Smith
Directions
From Loop 323 and Troup Hwy, Head east .3 miles and property is on left.
Interior Features
Total Number of Units
3
Exterior Features
Construction
Brick
Lot Size in Acres
0.19
Lot Description
Inside City Limits, Major Arteries, Shopping Center
Has Waterfront
No
Additional Information
Property Type
COM
Status
Active
Property SubType
Building
Taxes
1372.36
Year Built
1978
Tax Year
2026
Similar Listings
Mortgage Calculator
$2,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,621
Monthly Tax
$375
Monthly Insurance
$105
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 Cole Ihrig, Ihrig Properties
© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers? personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
GTAR data last updated at July 28, 2026, 2:21 PM CT
Real Estate IDX Powered by iHomefinder