Office Building with Conference
New
For Sale
Contact for pricing
700 N Main St, Lindale, TX 75771
Several private rooms are complemented by a reception area and kitchen.
Property Size2,017 SF
Lot Size0.34 Acres
Price / SF$1.39
Days on Market2
Property Features for 700 N Main St
General Information
Standard status
Active
Size
2,017 SF
Lot size
0.34 Acres
Property subtype
Building
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Amenities
conference room
waiting area
kitchen
Building Details
Year Built
2014
Listing Agency:
Keller Williams Realty-Tyler
Listed By:
Ryan Major · License #0654996
(903) 258-1317
Source:
Searsrealty
Added: Nov 1
Last Checked: Nov 1 at 2:52PM
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 Keller Williams Realty-Tyler
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Investment Insights
Based on property information with market context.
Built in 2014, this 2,017-square-foot office property has several offices, a conference room, a waiting area, reception space, and a kitchen. The building sits on an approximately 0.34-acre parcel and is zoned commercial.
The property is at 700 N Main St in Lindale, along Main Street/US Highway 69, within city limits. Its interior combines individual work areas with shared meeting and reception space.
The property is at 700 N Main St in Lindale, along Main Street/US Highway 69, within city limits. Its interior combines individual work areas with shared meeting and reception space.
Key Highlights
- 2,017 square feet of office space
- Approximately 0.34‑acre parcel
- Several offices, a conference room, waiting area, reception space, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,962
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,240
$479.2K
Cap Rate 7%
$342,314
$342.3K
Cap Rate 9%
$266,244
$266.2K
Market Conditions
NOI Build-Up for 2,017 SF
Gross rent
$36.3K $18.00/SF
− Vacancy
−$4.4K −$2.16/SF
EGI
$31.9K $15.84/SF
− OpEx
−$8.0K −$3.96/SF
NOI
$24.0K $11.88/SF
Area
Smith County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,240
Cap Rate 7%
$342,314
Cap Rate 9%
$266,244
Alternative Uses
Best Use
Office B
$342.3K
$299.5K – $399.4K
NOI $23,962 @ 7.0% cap · market cap 855.79%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.52M
$1.33M – $1.77M
NOI $106,346 @ 7.0% cap · market cap 3,798.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Balanced
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office space - Several private rooms are complemented by a reception area and kitchen.
Where is this office space located?
The property is located at 700 N Main St Lindale, TX.
What are key features of this property?
This property features: 2,017 square feet of office space; Approximately 0.34‑acre parcel; Several offices, a conference room, waiting area, reception space, and kitchen
