0 Crk 472 Lindale, TX 75771
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.