Live-Work Office
1527 S Main Street Lindale, TX 75771
1527 S Main Street, Lindale, TX, 75771
$307,000
For Sale
$307,000
Office-focused live-work building on Main St, set on commercially zoned land with a layout suited for business use.
Property Size1,490 SF
Lot Size0.48 Acres
Price / SF$206.04
Days on Market119
Property Features for 1527 S Main Street
General Information
- Standard status
- Active
- Size
- 1,490 SF
- Lot size
- 0.48 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agency
EXP REALTY
(888) 519-7431
Listed by
Kimberly Holmes · License #0831863
Source
Xome
Added: Mar 25 Updated: Jul 20 at 4:49PM Checked: Jul 21 at 3:10AM
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 EXP REALTY
Investment Insights
Based on property information with market context.
This live-work office building offers a flexible layout described as well-suited for office use, a small business, or a live-and-work setup. The property is set on commercially zoned land and includes space sized at 1,490 square feet on approximately 0.48 acres.
Located at 1527 S Main Street in Lindale, TX, the property sits on Main St for visibility and easy access, supporting a storefront or office presence along a high-traffic corridor as described in the remarks.
For buyers looking to establish or expand a business from the same location where they live and work, this offering provides a straightforward, business-ready configuration in a commercially zoned setting.
Located at 1527 S Main Street in Lindale, TX, the property sits on Main St for visibility and easy access, supporting a storefront or office presence along a high-traffic corridor as described in the remarks.
For buyers looking to establish or expand a business from the same location where they live and work, this offering provides a straightforward, business-ready configuration in a commercially zoned setting.
Key Highlights
- Office‑focused live‑work building on Main St with a layout suited for business use
- Located on 0.48 acres of commercially zoned land on Main St
- Year built: 1975
Local Financial Insights For Office B
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 | $26.8k | $18.00 |
| − Vacancy | −$3.2k | −$2.16 |
| EGI | $23.6k | $15.84 |
| − OpEx | −$5.9k | −$3.96 |
| NOI | $17.7k | $11.88 |
1,490 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$252.9K
$221.3K – $295.0K
NOI $17,701 @ 7.0% cap · market cap 5.77%
Second Best
Mixed Use
$215.5K
$188.6K – $251.4K
NOI $15,086 @ 7.0% cap · market cap 4.91%
Theoretical Best
Hotel Hospitality
$1.12M
$982.0K – $1.31M
NOI $78,560 @ 7.0% cap · market cap 25.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Office-focused live-work building on Main St, set on commercially zoned land with a layout suited for business use.
Where is this live-work space located?
The property is located at 1527 S Main Street Lindale, TX.
What is the asking price?
The asking price for this property is $307,000.
What are key features of this property?
This property features: Office‑focused live‑work building on Main St with a layout suited for business use; Located on 0.48 acres of commercially zoned land on Main St; Year built: 1975
