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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13387 Us Highway 69 Lindale, TX 75706

    • Retail space
    • 1,701 SF
    • 3.00 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3785163
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 13387 Us Highway 69

    Year built
    1901
    Lot size
    3.00 lot acres
    Property size
    1,701 SF
    Property type
    Retail space
    APN
    1-00000-0371-00-008030
    APU
    100000037100008030

    Description

    This unique 1,700 square foot office space, located at 13387 US Hwy 69 N in Lindale, Texas (zip code 75706), presents a rare opportunity. Situated in Smith County, this single-tenant property boasts a blend of historical charm and modern convenience. Designated as a historical landmark, "The Milburn Gary House" offers a distinct and private working environment. The building's traditional office layout is complemented by its suitability for creative office uses, making it versatile for a range of businesses. Its location provides excellent accessibility, being less than half a mile from Interstate 20, ensuring easy commutes and convenient access to major transportation routes. The property's APN is 10000-0037-10-0008030. This is a single-tenant building, offering a unique and serene workspace for businesses seeking a distinctive professional address. The property type is classified as an office, with subtypes including Traditional Office and Creative Office. This exceptional property combines the appeal of a historical landmark with the practicality of a prime location, making it an ideal choice for businesses seeking a memorable and functional workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.3837
    Latitude
    32.4596
    CBSA code
    46340
    CBSA name
    TYLER, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,713
    $137,214
    $36,578
    $173,792
    -
    $137,214
    $36,578
    $173,792

    Comparable in this City

    • Value Estimation by Request
      1,140 SF

      9994 Us Hwy 69th N

      RETAIL STORES (PERSONAL SERVICES) • 1,140 SF
      9994 Us Hwy 69th N, Tyler, TX 75706
      View Details
    • Value Estimation by Request
      2,000 SF

      8174 Us Hwy 69th N

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      8174 Us Hwy 69th N, Tyler, TX 75706
      View Details
    • Value Estimation
      $755,000
      17,400 SF

      204 Ene Loop 323

      RETAIL STORES (PERSONAL SERVICES) • 17,400 SF
      204 Ene Loop 323, Tyler, TX 75706-8840
      View Details
    • Value Estimation by Request
      3,882 SF

      18562 Fm 14

      RETAIL STORES (PERSONAL SERVICES) • 3,882 SF
      18562 Fm 14, Tyler, TX 75706
      View Details
    • Value Estimation by Request
      1,040 SF

      12108 Interstate 20th W

      RETAIL STORES (PERSONAL SERVICES) • 1,040 SF
      12108 Interstate 20th W, Tyler, TX 75706-4846
      View Details
    • Value Estimation
      $620,000
      3,552 SF

      10449 Us Hwy 69th N

      RETAIL STORES (PERSONAL SERVICES) • 3,552 SF
      10449 Us Hwy 69th N, Tyler, TX 75706-5945
      View Details

    Similar Nearby for Sale

    • $259,900
      0.50 Acres

      Versatile Property on Highway 69

      Live, work, and invest in this property near Tyler.
      10286 State Hwy 69, Tyler, TX 75706
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    • $500,000
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      Operating Repair Shop on Highway

      Commercial property with vehicle repair shop near Interstate 20.
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    • $650,000

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      1.5 acre commercial land ideal for retail development.
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    • $1,250,000
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      Prime Development Tract in Tyler

      42.58 acres of commercial land with development potential.
      Tbd Hwy 155, Tyler, TX 75706
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    • $827,000
      37.17 Acres

      Lindale Land Along Interstate 20

      37+ acres with Interstate 20 frontage in Lindale, Texas.
      Tbd Interstate 20, Lindale, TX 75706
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    • $80,900
      1.48 Acres

      Cleared Residential Lot in Tyler

      1.479-acre cleared, level lot ready for building in Tyler, TX.
      2545 W County Road 328, Tyler, TX 75706
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,700 SF

      Historic Lindale Office Space

      Charming 1700 sq ft office, prime location.
      13387 Us Highway 69, Lindale, TX 75706
      View Details
    • $2,500 /Mo
      101,059 SF

      Commercial Land on Highway 69

      2.32 acres on Hwy 69 N, Tyler, TX for lease.
      8589 Us Highway 69 N, Tyler, TX 75706
      View Details
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    13387 Us Highway 69
    Lindale, TX 75706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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