Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lone Oak Corner Property Title is generated by Realmo AI

    101 Main Street, Lone Oak, TX 75453

    View on Map
    Claim this Listing
    For Sale
    $450,000

    Business - Lone Oak, TX

    Type:Business
    Lot size:
    0.28 Acres
    Added:
    Feb 11, 2026
    Days on Market:
    94
    Last Refresh:
    May 16 at 4:06 pm

    Property Features for 101 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Open
    Standard status
    Active
    APN
    73697
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Flooring type
    Vinyl
    Roof type
    Asphalt, Mixed
    Architectural style
    Other

    We can help!

    Listing Contact
    Kathy Hobbs

    Listing agent Kathy Hobbs License #0417256

    Listing office Exit Realty Pinnacle Group 8767 Hwy 34 South, Quinlan, TX

    Listing date Feb 11, 2026

    MLS# 20063782 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large corner property with 5 lots and highway frontage.
    • Includes 3 buildings, one currently leased to a restaurant.
    • Multiple road entrances (Hwy 69 and two others).
    • Owner financing options available.
    • Central heating and cooling.
    • Vinyl flooring.

    Overview

    This corner property is located in Lone Oak, Texas, and includes five lots and three buildings. One of the buildings is currently leased to a restaurant. The property features frontage on Highway 69 and has two additional road entrances. The lot size is approximately 0.28 acres. Owner financing may be considered; details are available upon request. The property is located in Hunt County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LaPana Asian Cuisine Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lone Oak
    County
    Hunt
    State
    Texas
    Longitude
    -95.9401968
    Latitude
    32.9969639

    Nearby Similar for Sale

    • $525,000

      Pastoral Ranch Near Lake Tawakoni

      27+ acre ranch with ponds, barn, and fencing near Dallas.
      Rs County Road 1691, Lone Oak, TX 75453
      View Details
    • $450,000

      Turnkey Income-Producing Duplex in Lone Oak

      Fully occupied duplexes on one lot, cash flowing from day one.
      304 Mcbride Street, Lone Oak, TX 75453
      View Details
    • $265,000

      Commercial Building on Highway 69

      Commercial building in Lone Oak, Texas, with highway frontage.
      202 US Highway 69 N, Lone Oak, TX 75453
      View Details
    • $295,000

      Lone Oak Retail Opportunity

      1,794 SF retail property in downtown Lone Oak, TX.
      207 Katy Street, Lone Oak, TX 75453
      View Details
    • $200,000

      11 Acre Ranch in Lone Oak

      11 acre ranch property with road frontage near Dallas.
      Tract 9 County Rd 3216, Lone Oak, TX 75453
      View Details
    • $250,000

      Duplex in Lone Oak, Texas

      Well-maintained duplex with long-term tenants in Lone Oak.
      306 Mill Street, Lone Oak, TX 75453
      View Details
    • $480,000

      Lone Oak Multifamily Investment Opportunity

      Unique country property with multiple single-family homes on 8 acres.
      Tbd County Road 3133, Lone Oak, TX 75453
      View Details
    • $450,000
      800 SF

      Corner Property in Lone Oak

      Mixed-use property with highway frontage and potential owner financing.
      101 Main Street, Lone Oak, TX 75453
      View Details
    • $450,000
      1,380 SF

      Corner Property in Lone Oak

      Corner property with highway frontage, multiple buildings, and business potential.
      101 Main Street, Lone Oak, TX 75453
      View Details
    • $265,000
      600 SF

      Commercial Building on Highway 69

      Commercial building in Lone Oak, Texas, with ample parking.
      202 Us Highway 69 N, Lone Oak, TX 75453
      View Details
    • $2,099,000
      1,556 SF

      Texas Ranch with Historic Oaks

      178-acre ranch featuring a 1,556 sq ft home and livestock facilities.
      2341 Fm 2649, Lone Oak, TX 75453
      View Details

    FAQs

    What type of property is this?
    Retail property - Corner property with highway frontage and multiple buildings in Lone Oak.
    Where is this retail property located?
    The property is located at 101 Main Street Lone Oak, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Large corner property with 5 lots and highway frontage.; Includes 3 buildings, one currently leased to a restaurant.; Multiple road entrances (Hwy 69 and two others).
    (903) 356-4700
    We can help!
    Listing Contact
    Kathy Hobbs
    Real Estate License ID: 0417256
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Main Street, Lone Oak, TX 75453
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!