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    Corner Property in Lone Oak Title is generated by Realmo AI

    101 Main Street, Lone Oak, TX 75453

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    Claim this Listing
    For Sale
    $450,000

    Corner property with highway frontage, multiple buildings, and business potential.

    Type:Commercial
    Property size:
    1,380 SF
    Price / SF:
    $326/SF
    Added:
    Apr 22, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 22 at 5:47 pm

    Property Features for 101 Main Street

    General Information

    Standard status
    Active
    Size
    1,380 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    Kathy Hobbs

    Listing agent Kathy Hobbs

    Listing office Exit Realty Pinnacle Group

    Listing date Apr 22, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Pinnacle Group

    HighLights

    • Large corner property consisting of 5 lots.
    • Includes 3 buildings.
    • Highway 69 frontage offers high visibility.
    • Existing restaurant lease provides immediate income.
    • Multiple road entrances for easy access.
    • Owner financing may be available.

    Overview

    This corner property in Lone Oak includes five lots and three buildings. One building is currently leased to a restaurant. The property features frontage on Highway 69 and has two additional road entrances. The property size is approximately 1380 square feet. The property is suitable for various business ideas. Owner financing may be considered.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $33.3k $24.12
    − Vacancy −$1.6k −$1.16
    EGI $31.7k $22.96
    − OpEx −$7.9k −$5.74
    NOI $23.8k $17.22
    1,380 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $339.5K
    $297.1K – $396.1K (±1% cap)
    NOI $23,766 @ 7.0% cap · market cap 5.28%
    Second Best
    Retail
    $317.2K
    $277.6K – $370.1K (±1% cap)
    NOI $22,205 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Industrial
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $95,988 @ 7.0% cap · market cap 21.33%
    Zoning and permitted uses should be independently verified with local authorities.
    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.

    Similar Places Nearby

    • Lana's House of Flowers — 211 Katy St, Lone Oak, TX 75453

    Location Insight

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

    FAQs

    What type of property is this?
    Storefront property - Corner property with highway frontage, multiple buildings, and business potential.
    Where is this storefront 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 consisting of 5 lots.; Includes 3 buildings.; Highway 69 frontage offers high visibility.
    More about this property
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