Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lindale Acreage with Massive Shop Title is generated by Realmo AI

    19315 FM 1804, Lindale, TX 75771

    View on Map
    Claim this Listing
    For Sale
    $269,900

    LAND - Lindale, TX

    Lot size:
    1.30 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 19315 FM 1804

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Partial
    Standard status
    Active
    Lot size
    1.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1656

    We can help!

    Listing Contact
    Sherry Wallace
    Sherry Wallace

    Listing agent Sherry Wallace License #0532302

    Listing office Leslie Cain Realty, LLC 403 W Hubbard, Lindale, TX

    Listing date Apr 24, 2026

    MLS# 25016660 Listing URL

    Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Massive shop (approximately 3600 sq ft) with 18 ft overhead doors, electricity, and plumbing.
    • Located in the desirable Lindale Independent School System.
    • Easy access to Interstate 20 and Loop 49.
    • Shop is framed for a 2‑story apartment.
    • Property includes both Lindale rural water and a water well.
    • Septic system is installed and hooked up.

    Overview

    This property features approximately 1.3 acres with a large shop. Located within the Lindale Independent School System, the property offers convenient access to schools, shopping, Interstate 20 to Dallas or Shreveport, and Loop 49 to Tyler. The shop is approximately 3600 square feet and includes 18-foot overhead doors, electricity, and plumbing. The shop has also been framed for a two-story apartment. Water is provided by Lindale rural water and a water well. Septic has been installed and hooked up. The lot next door could be purchased for an additional cost.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.409497
    Latitude
    32.548212

    Nearby Similar for Sale

    • $2,400,000

      Golf Resort Clubhouse & Event Center

      A 28,000-square-foot clubhouse with fully stocked restaurant and event space, set on 10 acres with golf amenities.
      22049-B Fm 1995, Lindale, TX 75771
      View Details
    • $699,000
      1,500 SF

      Lindale, TX Multi-Use Land

      3.14 acres of multi-use land with vacant home.
      13593 CR 472, Lindale, TX 75771
      View Details
    • $195,000
      4,200 SF

      Commercial Building on Main Street

      Commercial property with high visibility and development potential.
      910 S Main, Lindale, TX 75771
      View Details
    • $425,000
      5,697 SF

      Historic Lindale Building on Corner Lot

      Versatile building in historic downtown Lindale with retail/office potential.
      100 E Hubbard St, Lindale, TX 75771
      View Details
    • $2,850,000
      16,890 SF

      Lindale Apartment Complex For Sale

      Fully occupied apartment complex in Lindale, TX with modern amenities.
      307 N Henry Street, Lindale, TX 75771
      View Details
    • $1,630,000
      4,343 SF

      Lindale Farm and Ranch Property

      Remodeled farm and ranch on 30 acres of pasture.
      20418 Fm 16 W, Lindale, TX 75771
      View Details
    • $850,000
      7,528 SF

      Historic Lindale Building For Sale

      Prime corner location in historic downtown Lindale with excellent visibility.
      100 N Main St, Lindale, TX 75771
      View Details
    • $220,000
      2,159 SF

      Commercially Zoned Corner Lot

      Versatile commercial property on a high-visibility corner lot.
      103 Pearl St., Lindale, TX 75771
      View Details
    • $395,000

      Renovated Office Building with Reception

      Renovated office layout with reception, four offices, conference room, and parking, positioned for strong visibility.
      1501 S Main Street, Lindale, TX 75771
      View Details
    • $370,000

      Commercial Property on Main Street

      For-sale commercial property on S Main with significant daily traffic in Lindale, Texas.
      1206 S Main, Lindale, TX 75771
      View Details
    • $155,000

      Corner-Frontage Commercial Acreage

      Over 5 acres of level, dual-road frontage land suited for a range of commercial development options near Interstate 20.
      15431 Cr-424, Lindale, TX 75771
      View Details
    • $180,000

      Flex Space with Detached Workshop

      Versatile interior layout plus a detached workshop with bay door supports retail, office, or storage needs.
      106 S College Street, Lindale, TX 75771
      View Details

    FAQs

    What type of property is this?
    Land - 1.3 acres in Lindale ISD with a large shop.
    Where is this land located?
    The property is located at 19315 FM 1804 Lindale, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: Massive shop (approximately 3600 sq ft) with 18 ft overhead doors, electricity, and plumbing.; Located in the desirable Lindale Independent School System.; Easy access to Interstate 20 and Loop 49.
    (903) 520-7696
    We can help!
    Listing Contact
    Sherry Wallace
    Sherry Wallace
    Real Estate License ID: 0532302
    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
    19315 FM 1804, Lindale, TX 75771
    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!