10408 State Highway 64 E
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10408 State Highway 64 E
71,560 SF Sports & Entertainment Building Offered at $6,950,000 in Tyler, TX 75707
Investment Highlights
- Diverse usage and potential tenancy
- Versatile layout for customizable use and amole parking
- Renovated in 2021, offering modern infrastructure and ameni
Executive Summary
Event, Entertainer and Sport Arena that seats approx. 7000 people. The Oil Palace is in full operation with events pre-booked. There are several bars, 2 food concessions, kitchen with commercial appliances. Entertainer house and large storage/shop
At present time not operating at full potential.
At present time not operating at full potential.
Financial Summary (Actual - 2021) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,950,000 | Lot Size | 21.82 AC |
| Price Per SF | $97 | Building Size | 71,560 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built/Renovated | 1983/2021 |
| Property Subtype | Theater/Concert Hall | Parking Ratio | 10.84/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $6,950,000 |
| Price Per SF | $97 |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Lot Size | 21.82 AC |
| Building Size | 71,560 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2021 |
| Parking Ratio | 10.84/1,000 SF |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 1-00000-0888-00-009000 | Total Assessment | $3,467,253 (2024) |
| Land Assessment | $950,470 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,516,783 (2024) | Tax Year | 2021 Payable 2021 |
PROPERTY TAXES
Parcel Number
1-00000-0888-00-009000
Land Assessment
$950,470 (2024)
Improvements Assessment
$2,516,783 (2024)
Total Assessment
$3,467,253 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2021 Payable 2021
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10408 State Highway 64 E
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