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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

23223 County Road 431 Lindale, TX 75771

20,459 SF 17.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 23223 County Rd 431, Lindale, TX 75771, presents a unique investment opportunity. The property boasts a substantial 20,459 square feet of retail space, spread across three units within a two-story building. Situated on a generous 17.5-acre lot, this property offers ample space for expansion or additional development. The property features dual highway frontage, providing excellent visibility and accessibility. The property's Assessed Property Number (APN) is 100000017300003000. The asking price is $1,800,000. The property is located in Smith County, Texas, and offers convenient access to both Dallas/Fort Worth and Tyler. The property's versatile design could accommodate a variety of business ventures, from retail operations to event venues. The existing structures include a main building with three bedrooms and 3.5 bathrooms, along with two large (100x80 feet each) workshops. An additional 453 square foot apartment or office with a bathroom is also included. A concrete driveway connects the workshops to the main building. The property is surrounded by trees, offering privacy and a tranquil setting. The main building features attractive woodwork and architectural details, combining modern and classic finishes. The gourmet kitchen is equipped with stainless steel appliances and granite countertops. The primary suite includes a spa-inspired bathroom and a large walk-in closet. Each bedroom has its own ensuite bathroom. The property also includes approximately 167 tons of available air conditioning.

Property profile
Verified
Property type Retail properties & Spaces
Total area 20,459 SF
Lot 17.5 ac (762,300 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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