Technical
Financial
Distress signals
Property profile

1506 Main St Lindale, TX 75771

OFF-MARKET
Retail space
Property ID
US82-3015387
7,500 SF 0.72 ac lot Built 1998
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.91-acre commercial land parcel is ideally situated at 1506 S Main St, Lindale, Texas, 75771, in Smith County. Zoned for Commercial Retail use, this property presents a unique opportunity for developers and investors seeking a strategic location in a thriving Texas market. The expansive lot offers significant potential for a variety of commercial ventures, allowing for substantial building development. The property's address places it on a main thoroughfare, ensuring high visibility and accessibility for any future business. With its convenient location and ample space, this property is poised for immediate development or long-term investment. The 0.91-acre size provides flexibility for a range of project scales, from smaller retail spaces to larger commercial buildings. The property's location in Lindale, TX offers access to a growing community and a strong local economy. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location with excellent potential for return on investment. The property is ready for immediate development, making it an attractive option for businesses looking to establish a presence in the area. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure this prime commercial land in Lindale, Texas.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 7,500 SF
Lot 0.72 ac (31,189 SF)
APN 1-00000-0948-03-810010
UPID US82-3015387

Cap rate & NOI

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

Location

1506 Main St Lindale, TX 75771-6432
Lindale metro Census 1407 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2016
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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