Lindale Flex Space on
For Sale
$300,000
18508 Us Highway 69, Lindale, TX 75771
1,800 SF flex space on 0.20 acres.
Property Size1,800 SF
Lot Size0.20 Acres
Price / SF$166.67
Days on Market103
Property Features for 18508 Us Highway 69
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.20 Acres
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
M&D CRE, LLC
(214) 801-7787
Listed By:
Kevin Weable · License #689810
(214) 801-7787
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 31 at 4:11PM
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 M&D CRE, LLC
Investment Insights
Based on property information with market context.
This 1,800 square-foot flex space is positioned on Highway 69 in Lindale, Texas, situated on 0.20 acres. Zoned for light industrial use, the site is suitable for businesses seeking a showroom office area with warehouse storage. The front office area measures 560 square feet and includes one private office, an open workspace, a restroom, and HVAC. The warehouse features insulated metal construction, a 12' overhead roll-up door in the front, and a 13' roll-up door in the back, providing clear-span space for storage, inventory, or service-oriented operations. A gravel yard and on-site parking in the front and side support deliveries and daily workflow. The property includes signage and accessibility to Highway 69. The property is currently leased with future owner-user potential upon lease expiration in March 2027.
Key Highlights
- Strategic Highway 69 Frontage in Lindale, Texas
- 1,800 SqFt Flex Space: Office & Warehouse
- Zoned Light Industrial: Diverse Utilization Possibilities
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 | $14.5k | $8.04 |
| − Vacancy | −$1.2k | −$0.68 |
| EGI | $13.2k | $7.36 |
| − OpEx | −$2.0k | −$1.10 |
| NOI | $11.3k | $6.25 |
1,800 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$160.8K
$140.7K – $187.6K
NOI $11,256 @ 7.0% cap · market cap 3.75%
Second Best
Industrial
$132.4K
$115.9K – $154.5K
NOI $9,269 @ 7.0% cap · market cap 3.09%
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M
NOI $94,905 @ 7.0% cap · market cap 31.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 1,800 SF flex space on 0.20 acres.
Where is this flex space located?
The property is located at 18508 Us Highway 69 Lindale, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Strategic Highway 69 Frontage in Lindale, Texas; 1,800 SqFt Flex Space: Office & Warehouse; Zoned Light Industrial: Diverse Utilization Possibilities
