
Loop 323 Office Property with Additional Lot
Description
1515 & 1517 W. Southwest Loop 323 offer a rare opportunity to acquire a renovated two-building office property along one of Tyler's most established commercial corridors. The property includes approximately 7,209 square feet of office space on 1.244 acres, combining prominent Loop 323 frontage with an additional lot that gives the next owner flexibility beyond the existing buildings. For a business looking to own its real estate rather than continue leasing, the property offers an attractive mix of visibility, usable office space, and room to accommodate future needs.
Both office buildings were extensively renovated in 2024. Improvements include a new roof, new HVAC systems, new exterior siding, updated flooring, fresh interior paint, and additional renovation work throughout the property. These updates give a buyer the benefit of an established commercial location without immediately taking on the type of major building improvements often associated with an older office acquisition.
The two-building configuration is another important advantage. A business can keep separate departments, teams, or functions in different buildings while maintaining operations at one location. The configuration may also provide flexibility for a buyer whose space requirements change over time. The property is currently owner occupied, and the seller may consider a short-term leaseback of one office for approximately one year, creating another possible transition option depending on the purchaser's needs.
The additional lot included with the offering further separates this property from a typical standalone office purchase. Subject to applicable zoning, permitting, and other approvals, the land may provide opportunities for additional parking, future expansion, another improvement, or greater flexibility in how the overall site is used. The property may also offer the potential for additional ingress and egress from Professional Drive, which could enhance access and circulation as the site evolves. The seller may consider selling the additional lot separately.
Located directly along W. Southwest Loop 323, the property provides a highly visible Tyler address with convenient access to businesses, neighborhoods, and commercial areas throughout the city. With renovated office space already in place, two separate buildings, additional land, and prominent frontage, 1515 & 1517 W. Southwest Loop 323 should appeal particularly to professional office users seeking a long-term location they can own and adapt as their business grows.
Property Highlights
- Two office buildings totaling 7,209 SF
- Approximately 1.244 acres
- Asking price of $1,550,000
- Prominent W. Southwest Loop 323 frontage
- Extensively renovated in 2024
- New roof
- New HVAC systems
- New exterior siding
- Updated flooring and interior paint
- Restricted Professional Office (RPO) zoning
- Additional lot included with the offering
- Potential space for future expansion or additional parking
- Potential additional ingress and egress from Professional Drive
- Seller may consider a short-term leaseback of one office
- Seller may consider selling the additional lot separately
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