Brick Office Building with
202 US Highway 69 N Lone Oak, TX 75453
For Sale
$265,000
SINGLE_FAMILY - Lone Oak, TX
Property Size600 SF
Lot Size0.17 Acres
Price / SF$441.67
Days on Market93
Property Features for 202 US Highway 69 N
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Open
- Standard status
- Active
- APN
- 74020
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- S4395 ORIG TOWN OF LONE OAK BLK 120 LOT 1B AC
- Tax Annual Amount
- 1337
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Metal
Listing Agency:
Exit Realty Pinnacle Group
(903) 356-4700
Listed By:
Kathy Hobbs · License #0417256
(972) 741-2421
Added: Apr 22
Changed: Jun 8
Last Checked: Jul 23 at 10:06PM
MLS# 21060062
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick building offers a straightforward commercial space suitable for a small office or other modest business use. The seller estimates the building at approximately 600 square feet and notes that the central heat and air are in need of repair. Buyers should plan for verification of all details and condition prior to closing.
Positioned in the heart of Lone Oak, the property is located on busy US Highway 69 N. The listing highlights plenty of parking, which can support customer and employee access for day-to-day operations.
For buyers seeking an entry point for their own venture or a compact space to manage and improve, this property may fit well. The combination of a brick exterior, highway visibility, and parking makes it practical for a business that values accessibility while allowing time and budget to address the HVAC repairs.
Positioned in the heart of Lone Oak, the property is located on busy US Highway 69 N. The listing highlights plenty of parking, which can support customer and employee access for day-to-day operations.
For buyers seeking an entry point for their own venture or a compact space to manage and improve, this property may fit well. The combination of a brick exterior, highway visibility, and parking makes it practical for a business that values accessibility while allowing time and budget to address the HVAC repairs.
Key Highlights
- Brick commercial building in Lone Oak, TX, located on busy Hwy 69
- Estimated size of approximately 600 sq ft (buyer to verify)
- Public water and public sewer available
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 | $13.2k | $21.96 |
| − Vacancy | −$3.0k | −$5.05 |
| EGI | $10.1k | $16.91 |
| − OpEx | −$2.5k | −$4.23 |
| NOI | $7.6k | $12.68 |
600 SF · lease $21.96/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$108.7K
$95.1K – $126.8K
NOI $7,609 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$596.2K
$521.7K – $695.6K
NOI $41,734 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Brick office building on a busy highway with on-site parking, ideal for a small commercial business—central HVAC needs repair.
Where is this office units located?
The property is located at 202 US Highway 69 N Lone Oak, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Brick commercial building in Lone Oak, TX, located on busy Hwy 69; Estimated size of approximately 600 sq ft (buyer to verify); Public water and public sewer available
