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Flex Building with Three-Phase Power
For Sale
$475,000

203 Norton Street, Lone Oak, TX 75453

COMMERCIAL - Lone Oak, TX

Property Size8,500 SF
Lot Size1.19 Acres
Price / SF$55.88
Days on Market43

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 Electric, Central Air

Amenities

break room

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: Aug 18 Last Checked: Aug 23 at 1:06AM
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 flex property offers 8,500 square feet under roof, including 7,500 square feet served by HVAC. The free-span layout is currently configured as a machine shop and includes two offices, two bathrooms, a break room, and an additional foam-insulated room that may be used as office space. Three-phase power supports the existing industrial configuration. Built in 2000, the building has metal siding, a metal roof, and concrete flooring, with central electric heating and cooling.

The 1.19-acre property is located on Highway 69 in Lone Oak, Texas. Traffic on the highway exceeds 11,000 vehicles per day according to TxDOT. Public sewer serves the site, and the surrounding land includes room for expansion. The property is approximately 20 minutes from Greenville.

Key Highlights

  • 8,500 square feet under roof; 7,500 square feet with HVAC
  • 1.19‑acre site on Highway 69 with room for expansion
  • Three‑phase power and free‑span building design

Property Analytics

Current Use

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

Suggested Use

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

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Free-span commercial building with office, restroom, break-room, and adaptable interior areas for a range of business operations.
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 $475,000.
What are key features of this property?
This property features: 8,500 square feet under roof; 7,500 square feet with HVAC; 1.19‑acre site on Highway 69 with room for expansion; Three‑phase power and free‑span building design
More about this property
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