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    69 Neq Of I-20 & Hwy Lindale, TX 75771

    For Sale
    $699,000

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 49,369 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Lindale, Texas. Strategically located at the northeast quadrant of Interstate 20 and Northeast Highway 69, this property benefits from exceptional visibility and high traffic counts. I-20 boasts an impressive 35,861 vehicles per day, while Main Street sees 27,958 vehicles daily, ensuring significant exposure for any commercial development. The property is zoned C2 - Community & Regional Commercial District, allowing for a wide range of commercial uses, providing flexibility for diverse business ventures. This prime location offers unparalleled access to major transportation arteries, connecting businesses to a large customer base and facilitating efficient logistics. The expansive lot size provides ample space for substantial development, making it ideal for a variety of commercial projects. With its strategic location, high traffic volume, and flexible zoning, this property represents a compelling investment opportunity with significant potential for growth and return. The property is situated in Smith County, Texas, with a Lindale, TX 75771 zip code. The coordinates are 32.469018 latitude and -95.385042 longitude. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area.

    Property Features for 69 Neq Of I-20 & Hwy

    General Information

    Property type
    Land

    HighLights

    • 49,369 square foot building.
    • C2 Community & Regional Commercial zoning.
    • High traffic counts: I‑20 at 35,861 vehicles per day and Main Street at 27,958 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.385042
    Latitude
    32.469018

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 69 Neq Of I-20 & Hwy Lindale, TX.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 49,369 square foot building.; C2 Community & Regional Commercial zoning.; High traffic counts: I-20 at 35,861 vehicles per day and Main Street at 27,958 vehicles per day.
    (214) 526-3626
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    69 Neq Of I-20 & Hwy Lindale, TX 75771
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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
    69 Neq Of I-20 & Hwy Lindale, TX 75771
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