Oil Palace

For Sale

10408 State Highway 64 E, Tyler, TX 75707

This Tyler property for sale is located at 10408 State Highway 64 E. The current listed sale price for Oil Palace is $6,950,000. Oil Palace is situated on a lot that is 21.82 acre in size.

Contacts

broker
Cathy Crowe

Investor Deals

Property Details

  • Property Type Other
  • Property Size 74,123 SF
  • Units 1
  • Lot Size 21.82 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 2000
  • Property Tenancy Single Tenant
  • Year Built 1982
  • Year Renovated 2021
  • Date Updated Dec 2, 2024
Located near the vibrant city of Tyler, TX, Tyler is known for its robust economy, strong employment rates, and strategic positioning in the East Texas region. Nearby, investors will find prominent landmarks such as the University of Texas at Tyler, Tyler Pounds Regional Airport, and the Tyler Rose Garden, the nation's largest rose garden. The area is also home to a variety of retail, dining, and entertainment options, making it an appealing location for businesses. With its convenient accessibility and thriving community, the location presents an enticing opportunity for real estate investments in Tyler area.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, Catering with all commercial Appliances Entertainer house and large storage building and shop At present time, not operating at full potential.
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Highlights

  • - 74,123 SF building suitable for special purpose/other investment
  • - 1 unit, offering potential for diverse usage or tenancy
  • - Built in 1982, with robust construction and enduring design
  • - Renovated in 2021, offering modern infrastructure and amenities
  • - Strategic location in the Tyler area for commercial opportunities
  • - Ample parking for visitors
  • - Versatile layout for customizable use
  • - High visibility and accessibility for potential customers

Getting around

  • 23/100

    Walk Score ®

  • 36/100

    Bike Score ®

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Location

  • City Tyler, TX
  • Zip Code 75707

Points of Interest

  • Exxon

    1.14 miles

  • Sunoco

    1.60 miles

  • Valero

    1.62 miles

  • Walmart

    2.00 miles

  • Shamrock

    2.09 miles

  • Shell

    2.30 miles

  • Super 1 Foods Gas

    2.39 miles

  • Murphy USA

    2.62 miles

  • Tesla Supercharger

    9.76 miles

  • P 7

    1.00 miles

  • P 6

    1.01 miles

  • P 11

    1.06 miles

  • P 8

    1.09 miles

  • P 16

    1.11 miles

  • P 5

    1.11 miles

  • P 2

    1.12 miles

  • P 1

    1.21 miles

  • P 17

    1.23 miles

  • P 9

    1.25 miles

  • Staybridge Suites Tyler University Area

    1.54 miles

  • La Quinta Inn & Suites Tyler - University Area

    1.61 miles

  • Holiday Inn Express & Suites Tyler South

    2.13 miles

  • Homewood Suites by Hilton Tyler

    2.26 miles

  • Magnuson Grand Hotel and Conference Center Tyler

    2.30 miles

  • Days Inn & Suites by Wyndham Tyler

    2.35 miles

  • Relax Inn

    4.07 miles

  • Town House Motel

    4.23 miles

  • Rosevine Inn Bed & Breakfast and Extended Stay Lodging

    4.23 miles

  • Candlewood Suites Tyler

    4.50 miles

  • Brookshire's

    1.55 miles

  • Walmart Supercenter

    1.89 miles

  • ALDI

    2.21 miles

  • Super 1 Foods

    2.27 miles

  • Stage

    2.48 miles

  • Walmart Neighborhood Market

    2.55 miles

  • Big Lots

    3.11 miles

  • Super One Foods

    3.76 miles

  • Sprouts Farmers Market

    4.00 miles

  • French Quarter Shopping Center

    4.05 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cathy Crowe

Investor Deals