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    5959 Lindsey Ln Parker, TX 75002

    Sponsored
    For Sale
    $6,500,000

    37,500 SF Flex Warehouse, $6.5M

    Property size:
    37,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 37,500-square-foot flex warehouse, built in 2022, presents a unique investment opportunity in Parker, Texas. Situated on a 2-acre lot in Collin County, this single-story building boasts ample parking with 200 spaces. The property is zoned for open use, offering significant versatility for a variety of commercial applications. Its current configuration lends itself perfectly to a sports-related business, given its design and location, but the flexible zoning allows for diverse uses. The building's industrial features are complemented by its hospitality-suitable design, making it ideal for a mixed-use development. The property's substantial size and modern construction ensure efficient operations and long-term value. The asking price is $6,500,000. The property is privately owned and offers a rare chance to acquire a substantial, versatile commercial space in a thriving Texas market. The address is 5959 Lindsey Ln, Parker, TX 75002. This property is a turnkey operation ready for immediate occupancy. The net rentable square footage is 37,500 square feet.

    Property Features for 5959 Lindsey Ln

    General Information

    Property type
    Self storage facilities
    Square Feet
    37,500 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    HighLights

    • 37,500 SF flex warehouse built in 2022.
    • Located on a 2‑acre lot in Parker, TX (Collin County).
    • Features 200 parking spaces.
    • Open‑use zoning allows for diverse commercial applications.
    • Asking price: $6,500,000.
    • Turnkey operation, ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Department Store Kitchen & Bath HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Collin
    State
    Texas
    Longitude
    -96.61909
    Latitude
    33.0620332

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    FAQs

    What type of property is this?
    Self storage facility - 37,500 SF Flex Warehouse, $6.5M
    Where is this self storage facility located?
    The property is located at 5959 Lindsey Ln Parker, TX.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: 37,500 SF flex warehouse built in 2022.; Located on a 2-acre lot in Parker, TX (Collin County).; Features 200 parking spaces.
    Request Owner's contact information
    5959 Lindsey Ln Parker, TX 75002
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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
    5959 Lindsey Ln Parker, TX 75002
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