Golf Avenue Flex Warehouse | 10,000 SF

This 10,000-square-foot flex warehouse property offers two buildings with 10 divisible units on 1.007 acres at Golf Avenue and Erwin Street in Tyler. Seven units are leased, and three vacant units provide lease-up opportunity at an 8.41% stabilized cap rate.The property at 124 Golf Avenue consists of two single-story warehouse buildings totaling 10,000 square feet on 1.007 acres. Each building is divided into 1,000-square-foot and 800-square-foot units that can be combined or separated, offering flexibility for small commercial operators, contractors, and service businesses. The buildings feature 11 dock-high doors, 11 grade-level doors, approximately 18-foot clear heights, and a fire sprinkler system. Fifteen parking spaces and direct access from Erwin Street across from Willowbrook Country Club support multi-tenant operations. Seven units are currently leased to landscaping, roofing, and other small business tenants under gross leases, generating $37,554 in NOI at a 5.78% cap rate. Three vacant units create lease-up upside; at market rents the property produces $54,654 in NOI and an 8.41% cap rate. Located in Tyler's C2 General Commercial District with 180 feet of Erwin Street frontage, the property offers an income base and near-term value-add potential for an investor willing to manage the remaining lease-up.