Property profile

5959 Lindsey Ln Parker, TX 75002

OFF-MARKET
Warehouses
37,500 SF 2 ac lot Built 2022
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 2022
Total area 37,500 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5959 Lindsey Ln Parker, TX 75002
Parker metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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