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Freestanding Flex Building
For Sale
$474,998

203 Norton Street, Lone Oak, TX 75453

CommercialSale, Lone Oak, TX

Property Size8,500 SF
Lot Size1.19 Acres
Price / SF$55.88
Days on Market90

Property Features for 203 Norton Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Orig Town Of Lone Oak
Lot features Acreage, Historic District
Directions GPS will find it - Just slightly N of the light in Lone Oak.
Standard status Active
APN 127143
Lot size 1.19 Acres

Taxes and HOA fees

Tax Description S4395 ORIG TOWN OF LONE OAK BLK 13 ACRES 1.19
Tax Annual Amount 6722
Legal Description S4395 ORIG TOWN OF LONE OAK BLK 13 ACRES 1.19

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2000
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials MetalSiding, SteelSiding
Roof type Metal
Listing Agency: Golden Realty Group LLC
Listed By: Genevieve Golden
Added: Jul 12 Changed: Sep 15 Last Checked: Oct 9 at 2:06PM
MLS# 21272996

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 freestanding flex property offers 8,500 square feet under roof, including 7,500 square feet with HVAC. The free-span interior is supported by 3 Phase power and includes two offices, two bathrooms, a break room, and an additional foam-insulated room that could serve as another office. Concrete flooring, metal siding, a metal roof, central heating, central air, and public sewer are in place. Built in 2000, the building is currently used as a machine shop and has also served as a retail store and daycare.

The property occupies 1.19 acres along HWY 69 in Lone Oak, with reported traffic exceeding 11,000 vehicles per day according to TxDOT. The site is approximately 20 minutes from Greenville, and the available land provides room for expansion.

Key Highlights

  • 8,500 SQFT under roof, including 7,500 square feet with HVAC
  • Free‑span building with 3 Phase power
  • Two offices, two bathrooms, a break room, and an additional foam‑insulated room

Property Analytics

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Current Use

Cannon & Cannon Industrial ... Industrial Manufacturer Cannon Machine Business Service Center

Suggested Use

Top Pick Building Supply Plumbing Service Bakery Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75453, TX

3,737
Population
1,298
Households
2.9
Avg Household Size
43
Median Age
13%
College-Educated
86%
High-School Grad
78.4 sq mi
ZIP Area
48
Density / Sq Mi
$82,000
Median Household Income
$51,506
Median Earnings
$1,096
Median Rent
$204,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Free-span commercial building with offices, restrooms, a break room, and room for future expansion.
Where is this flex space located?
The property is located at 203 Norton Street Lone Oak, TX.
What is the asking price?
The asking price for this property is $474,998.
What are key features of this property?
This property features: 8,500 SQFT under roof, including 7,500 square feet with HVAC; Free‑span building with 3 Phase power; Two offices, two bathrooms, a break room, and an additional foam‑insulated room
More about this property
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