This sector of Tyler was historically an area of established residential and older commercial development traditionally centered around the hospitals on S. Beckham. Given the presence of the hospitals there are significant numbers of medical related properties in the neighborhood. Additionally the campus of Tyler Junior College is located on E. 5th Street just east of S. Beckham Avenue which has a significant impact on the neighborhood land use. The neighborhood has been a prominent sector for Tyler for over 50 years and many of the properties are beginning to be re-developed and renovated. This is a result of the continued demand for the neighborhood and its continued prominence to the overall Tyler economy. Additionally, the University of Texas System has announced its intention to establish a medical school in Tyler. This is to be located in the subject neighborhood and will have a substantial impact on the neighborhood properties, in addition to greatly impacting the medical services for Tyler in general. NWC of S. Beckham and E. 5th Street. This is an excellent commercial location in a prominent medical office/retail sector just south of the hospitals and in the Tyler Medical District. The Property was completely renovated in 2017 which included a new roof, re-surfacing and re-design of the parking lot, and a new modern re-development of the front façade. The renovation was a major upgrade to the property reducing the effective age considerably to approximately 10 to 15 years.