19164 Us Hwy 69th N Lindale, TX 75771-6036
This exceptional commercial property presents a prime investment opportunity in Lindale, Texas, boasting excellent visibility on US Highway 69. The 5.99-acre lot offers ample space for a variety of businesses. The well-constructed 6,125 square foot building features approximately 3,684 square feet of office space, showcasing granite countertops throughout. The office area includes three private offices, a kitchen, break area, a full bath, and three half baths. A large showroom or flex space provides additional versatility. A significant advantage is the inclusion of a 30x28 temperature-controlled room, currently used as a gym, within the workshop area. The property also includes over three acres of improved all-weather parking, three 14-foot bay doors, a concrete loading dock, an oversized pipe entrance, a fully lit LED parking lot, a security system, and perimeter fencing. Year-round access is ensured for semi-trucks and large vehicles. Its convenient location offers easy access to downtown Lindale and Mineola, and is less than half a mile from Toll 49, making it highly accessible. This property's diverse features and prime location make it an ideal investment for a wide range of commercial ventures. The asking price is $1,550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.