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    Crk 472 Lindale, TX 75771

    For Sale
    $4,400,000

    Prime 45-acre development site near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 45-acre commercial land parcel presents a unique investment opportunity in the rapidly growing city of Lindale, Texas. Strategically located behind Walmart and Lowe's, this property boasts a C-2 zoning designation, allowing for a diverse range of development options. These include, but are not limited to, shopping centers, medical facilities, furniture stores, office buildings, fitness centers, hotels, and restaurants. The city of Lindale has proactively secured the right-of-way to extend Centennial Boulevard to Jim Hogg Road, ensuring convenient frontage access on both sides of the property. Utilities are readily available. Construction on this road extension is scheduled to commence in Spring 2024, further enhancing the property's accessibility and value. Situated just 0.3 miles from Interstate 20, this location benefits from excellent visibility and convenient access to major transportation routes. The area is experiencing significant growth, with new housing developments and pad sites planned nearby, creating a strong demand for commercial properties. This presents a compelling opportunity for developers seeking to capitalize on Lindale's expanding commercial landscape and thriving community. The asking price for this remarkable 45-acre tract is $4,400,000. Don't miss this chance to be part of Lindale's exciting future.

    Property Features for 0 Crk 472

    General Information

    Property type
    Land
    Lot Size
    1,960,200 SF

    HighLights

    • 45‑acre commercial land parcel in Lindale, TX, behind Walmart and Lowe's.
    • C‑2 zoning allows for diverse development (shopping centers, medical, etc.).
    • 0.3 miles from I‑20, with road extension planned for Spring 2024.
    • High‑growth area with new housing and retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.38622254
    Latitude
    32.47561

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    FAQs

    What type of property is this?
    Land - Prime 45-acre development site near major retailers.
    Where is this land located?
    The property is located at Crk 472 Lindale, TX.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: 45-acre commercial land parcel in Lindale, TX, behind Walmart and Lowe's.; C-2 zoning allows for diverse development (shopping centers, medical, etc.).; 0.3 miles from I-20, with road extension planned for Spring 2024.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Crk 472 Lindale, TX 75771
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