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Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Retail space
3222 Main St Lindale, TX 75771-7874
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US83-0135653
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
19,600 SF
Lot
2.76 ac (120,269 SF)
APN
1-47505-0000-00-001010
UPID
US83-0135653
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.06M
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$3.56M
Owner & transaction history
Lindale Investments LLC
Lindale Investments LLC
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+45.2%
Office building
$2.4M
+10.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lindale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,400,000
6.5%
$4,060,000
7%
$3,770,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,095,000
Change: +45% · Conversion: Easy
OFFICE BUILDING
$2,350,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$3.56M
Range $3.20M – $3.91M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,445
Tax year 2023
Assessed value
$2,782,400
Assessed 2023
Previous assessed
$2,782,400
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$601,400
Assessed improvement
$2,181,000
Land market value
$601,400
Improvement market value
$2,181,000
Total market value
$2,782,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Total area
19,600 SF
Lot
2.76 ac (120,269 SF)
APN
1-47505-0000-00-001010
UPID
US83-0135653
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
2.76 ac
Current owner
From public records · entity-resolved
Lindale Investments LLC
Entity
Mailing address
110 N COLLEGE AVE STE #218, TYLER, TX 75702-7205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Lindale Investments LLC
—
Loan Modification
related
$1,160,000 · Citizens St Bk
—
—
Lindale Investments LLC
—
Loan Modification
related
$1,160,000 · Citizens St Bk
—
—
Lindale Investments LLC
—
Deed Of Trust
related
$775,000 · Austin Bk
—
—
Lindale Hna Ventures LLC
—
Deed Of Trust
related
$2,792,830 · Bancorpsouth
—
—
Elite Properties Group INC
—
Loan Modification
related
$483,859 · Texas Bk
—
—
Elite Properties Group INC
—
Loan Modification
related
$485,000 · Texas Bk
—
—
Lindale Hna Ventures LLC
—
Loan Modification
related
$2,545,319 · Bancorpsouth
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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