Property profile

1101 Main St Lindale, TX 75771

OFF-MARKET
Office buildings
Property ID
US82-0272089
2,254 SF 0.48 ac lot Built 1970
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial office building, located at 1101 S Main Street in Lindale, Texas, presents a unique opportunity for businesses seeking a prominent location. Situated on a 0.48-acre lot, the property boasts 2,254 square feet of well-maintained office space. The building's strategic placement on Main Street, also known as Highway 69, ensures unparalleled visibility and accessibility for clients and employees alike. The interior layout is designed for optimal functionality and includes five to six generously sized private offices, providing ample space for individual work or team collaboration. Two restrooms are conveniently located for staff and visitors. A welcoming reception area and a spacious waiting room create a professional and comfortable atmosphere. A dedicated break room offers a convenient space for employees to relax and recharge. Ample on-site parking is available, eliminating the hassle of finding parking in a busy commercial area. This property is ideal for a variety of businesses seeking a high-profile location with excellent amenities. The asking price for this turnkey office space is $385,000. This represents a significant opportunity to establish or expand your business in a thriving Lindale community. The property's excellent condition and prime location make it a truly exceptional investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1970
Total area 2,254 SF
Lot 0.48 ac (20,909 SF)
APN 1-00000-0381-02-012050
UPID US82-0272089

Cap rate & NOI

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

Location

1101 Main St Lindale, TX 75771-6266
Lindale metro Census 1407 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
$176,250
2020
Price N/A
2020
Price N/A
2018
Price N/A
2017
Price N/A
2009
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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