Property profile

205 Van St Lindale, TX 75771

OFF-MARKET
Warehouses
Property ID
US82-4441123
1,000 SF 0.26 ac lot Built 1975
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,000 square foot retail property, located at 205 W Van St in Lindale, Texas, 75771, presents a unique investment opportunity. Built in 1975, this two-story building sits on a 0.258-acre lot (APN: 130000001000002000) and is zoned for Commercial Downtown Mixed Use District, offering diverse potential uses. Previously used as a schoolhouse, the property features multiple rooms suitable for various business types, including retail, office, or storage. Its prime location just off Highway 69, in the heart of Lindale's thriving downtown area, places it amongst successful retail establishments and restaurants. The asking price is $150,000, translating to $150 per square foot. This property offers significant potential for appreciation, making it ideal for business owners, 1031 exchange investors, or those seeking a high-value residential or commercial rental investment. An adjoining property is also available.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1975
Total area 1,000 SF
Lot 0.26 ac (11,195 SF)
APN 1-30000-0010-00-002000
UPID US82-4441123

Cap rate & NOI

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

Location

205 Van St Lindale, TX 75771
Lindale metro Census 1407 TYLER, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2006
3 recorded transactions
2019
Price N/A
2006
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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