Multi-Office
New
For Sale
$479,000
700 N Main St, Lindale, TX 75771
Commercial Sale, Lindale, TX
Property Size2,017 SF
Lot Size0.34 Acres
Price / SF$237.48
Days on Market1
Property Features for 700 N Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Inside City Limits
Directions
From downtown Lindale at US Hwy 69/Main Street and Hwy 16, head north on Main Street (US Hwy 69). Continue to 700 N Main St
Standard status
Active
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ABST A1118 J SANDERS TRACT 47A
Tax Annual Amount
5626
Legal Description
ABST A1118 J SANDERS TRACT 47A
Utilities
Sewer type
Public Sewer
Amenities
several offices
conference room
waiting area
receptionist desk
kitchen
Building Details
Year built
2014
Building materials
Brick
Listing Agency:
Keller Williams Realty-Tyler
(903) 534-6600
Listed By:
Ryan Major · License #0654996
(903) 307-2884
Added: Oct 13
Last Checked: Oct 13 at 10:06PM
MLS# 26013903
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.
Investment Insights
Based on property information with market context.
This brick office building, constructed in 2014, contains approximately 2,017 square feet on a 0.34-acre site. Its layout includes several offices, a conference room, a waiting area, a reception desk, and a kitchen. Public sewer serves the property. Commercial zoning is in place; specific uses remain subject to applicable city requirements and approvals.
The property is at 700 N Main St in Lindale, along Main Street/US Highway 69 and north of the Main Street and Highway 16 intersection. The site is within Lindale city limits.
The property is at 700 N Main St in Lindale, along Main Street/US Highway 69 and north of the Main Street and Highway 16 intersection. The site is within Lindale city limits.
Key Highlights
- Approximately 2,017 square feet of office space on a 0.34‑acre site
- Multiple offices, a conference room, waiting area, reception desk, and kitchen
- Brick construction; built in 2014
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,962
Cap Rate
5.00%
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 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.52M
$1.33M – $1.77M
NOI $106,346 @ 7.0% cap · market cap 22.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - The interior includes multiple offices, a conference room, a reception area, and a kitchen.
Where is this office building located?
The property is located at 700 N Main St Lindale, TX.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Approximately 2,017 square feet of office space on a 0.34‑acre site; Multiple offices, a conference room, waiting area, reception desk, and kitchen; Brick construction; built in 2014
