Mixed-Use Flex Retail
For Sale
Contact for pricing
106 S College St, Lindale, TX 75771
Retail-office flex space with a large open area, two additional rooms, and a detached 20-by-24 workshop.
Property Size1,260 SF
Price / SF$119.05
Days on Market334
Property Features for 106 S College St
General Information
Standard status
Active
Size
1,260 SF
Property subtype
RETAIL
Zoning
Downtown Mixed Use District
Additional Details
Highway Access
Yes
Amenities
full bath
kitchenette
Building Details
Buildings
2
Listing Agency:
RE/MAX Landmark
(214) 500-1641
Listed By:
Delanee Clark · License #0710720
(214) 500-1641
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Jul 29
Last Checked: Aug 1 at 8:30AM
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 RE/MAX Landmark
Investment Insights
Based on property information with market context.
This for-sale mixed-use flex property includes a spacious main area suitable for retail display or workstation setup. The interior also features two additional rooms for office or storage use, along with a full bath and kitchenette. In addition to the main space, there is a detached 20-by-24 workshop equipped with a bay door, providing enclosed space that can be used for inventory or equipment storage.
The property is located just off Hwy-69 in downtown Lindale, surrounded by retail and restaurants.
The space is zoned for the Downtown Mixed Use District, supporting a range of commercial and office-oriented uses.
The property is located just off Hwy-69 in downtown Lindale, surrounded by retail and restaurants.
The space is zoned for the Downtown Mixed Use District, supporting a range of commercial and office-oriented uses.
Key Highlights
- Retail‑office flex space with a large open area plus 2 additional rooms for offices or storage
- Includes a full bath and kitchenette for employee break room use
- Detached 20 x 24 workshop with a bay door
Financial Insights For Warehouse
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 | $10.1k | $8.04 |
| − Vacancy | −$861 | −$0.68 |
| EGI | $9.3k | $7.36 |
| − OpEx | −$1.4k | −$1.10 |
| NOI | $7.9k | $6.25 |
1,260 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$242.4K
$212.1K – $282.8K
NOI $16,967 @ 7.0% cap · market cap 11.31%
Second Best
Office B
$213.8K
$187.1K – $249.5K
NOI $14,969 @ 7.0% cap · market cap 9.98%
Theoretical Best
Hotel Hospitality
$949.1K
$830.4K – $1.11M
NOI $66,434 @ 7.0% cap · market cap 44.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 75771, TX
21,870
Population
9,241
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
91%
High-School Grad
146.1 sq mi
ZIP Area
150
Density / Sq Mi
$90,112
Median Household Income
$48,088
Median Earnings
$1,318
Median Rent
$266,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail-office flex space with a large open area, two additional rooms, and a detached 20-by-24 workshop.
Where is this retail space located?
The property is located at 106 S College St Lindale, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Retail‑office flex space with a large open area plus 2 additional rooms for offices or storage; Includes a full bath and kitchenette for employee break room use; Detached 20 x 24 workshop with a bay door
