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    OFF-MARKET
    Office buildings

    1101 Main St, Lindale, TX 75771-6266

    2,254 SF 0.48 ac lot Built 1970
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US82-0272089
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Regions Bank · 5 yrs held
    Regions Bank
    since 2021
    7 recorded transactions
    2021
    2021
    $176,250
    2020
    2020
    2018
    2017
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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