Property profile

209 Main St Lindale, TX 75771

OFF-MARKET
Office buildings
Property ID
US82-2428176
1,745 SF 0.26 ac lot Built 1940
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 209 S Main Street in the heart of Lindale, TX, presents a unique investment opportunity. The main building boasts 1,745 square feet of versatile space, ideal for a variety of commercial uses. Imagine a retail store, a charming cafГ©, or professional offices thriving in this bustling area. The layout is adaptable, allowing for customization to perfectly suit your business needs. Adding to its appeal is a secondary structure of 1,053 square feet, providing ample space for expansion, storage, or supplementary business operations. This additional space unlocks a wealth of possibilities for entrepreneurs seeking to maximize their investment. Situated on a 0.26-acre lot, this property offers excellent visibility and accessibility. The asking price is $890,000 for the entire 2,798 square foot property, representing a compelling opportunity in a dynamic market. Don't miss this chance to secure a prime commercial location in the thriving town of Lindale, Texas. The property's central location and flexible space make it an ideal investment for those seeking to establish or expand their commercial ventures. This is a rare opportunity to own a substantial commercial property in a desirable location with significant growth potential.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 1,745 SF
Lot 0.26 ac (11,238 SF)
APN 1-30000-0008-00-001000
UPID US82-2428176

Cap rate & NOI

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

Location

209 Main St Lindale, TX 75771-6607
Lindale metro Census 1407 TYLER, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2004
1 recorded transaction
2004
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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