Property profile

106 S College St Lindale, TX 75771

FOR SALE
Retail space
Property ID
US82-2212004
1,740 SF 0.11 ac lot Built 1940
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,740-square-foot retail building, located at 106 S College St in Lindale, Texas, presents a compelling investment opportunity. Built in 1940, this single-story structure sits on a 0.13-acre lot (5,663 square feet) and boasts 8-10 foot ceilings. The property is zoned for Commercial Downtown Mixed Use District, offering diverse usage potential. The interior features a large open area ideal for retail display or workspace, along with two additional rooms suitable for offices or storage, a full bathroom, and a kitchenette. A detached 20x24 workshop with a bay door provides ample space for inventory or equipment. The property's prime location in downtown Lindale, just off Highway 69, is surrounded by thriving retail and restaurants, making it an excellent choice for a variety of businesses. The asking price is $215,000, translating to $137.93 per square foot. The property's APN is 130000001000003000. This versatile space is perfect for retail, office, or storage uses, and its central location in a rapidly growing area ensures strong potential for appreciation.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 1,740 SF
Lot 0.11 ac (5,009 SF)
APN 1-30000-0010-00-003000
UPID US82-2212004

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School
  • Building Supply Industrial Manufacturer

Location

106 S College St Lindale, TX 75771
Lindale metro Census 1407 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2006
3 recorded transactions
2019
Price N/A
2006
Price N/A
1969
Price N/A

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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More about this property
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