Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    906 S Main St Lindale, TX 75771
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    906 S Main St Lindale, TX 75771

    View on Map
    • Retail space
    • 1,635 SF
    • 0.67 lot acres
    For Sale
    $595,000
    View Listing →
    Lindale Mixed-Use Investment Opportunity For Sale
    $595,000
    1,800 SF

    Lindale Mixed-Use Investment Opportunity

    Income-producing property with expansion potential in Lindale's growth corridor.

    906 S Main St, Lindale, TX 75771
    View Listing
    Property ID
    US82-1334733
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 906 S Main St

    Year built
    1990
    Lot size
    0.67 lot acres
    Property size
    1,635 SF
    Property type
    Retail space
    APN
    1-00000-0381-02-013120
    APU
    100000038102013120

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.4072
    Latitude
    32.5079
    CBSA code
    46340
    CBSA name
    TYLER, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,860
    $70,253
    $26,558
    $96,811
    -
    $70,253
    $26,558
    $96,811

    Comparable in this City

    • Value Estimation
      $6,830,000
      59,382 SF

      75 Miranda Lambert Way

      RETAIL STORES (PERSONAL SERVICES) • 59,382 SF
      75 Miranda Lambert Way, Lindale, TX 75771-3107
      View Details
    • Value Estimation by Request
      450 SF

      104 Es St

      RETAIL STORES (PERSONAL SERVICES) • 450 SF
      104 Es St, Lindale, TX 75771
      View Details
    • Value Estimation by Request
      2,000 SF

      207 College St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      207 College St, Lindale, TX 75771
      View Details
    • Value Estimation by Request
      480 SF

      12958 County Rd 4109

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      12958 County Rd 4109, Lindale, TX 75771-6108
      View Details
    • Value Estimation by Request
      360 SF

      18570 Fm 14

      RETAIL STORES (PERSONAL SERVICES) • 360 SF
      18570 Fm 14, Lindale, TX 75771
      View Details
    • Value Estimation by Request
      1,800 SF

      108 Hubbard St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      108 Hubbard St, Lindale, TX 75771
      View Details

    Similar Nearby for Sale

    • $289,900
      0.25 Acres

      Highway 69 Commercial Property

      Commercially zoned property in Lindale's established business corridor.
      304 N Main Hwy, Lindale, TX 75771
      View Details
    • $180,000
      0.13 Acres

      Lindale Mixed-Use Investment Opportunity

      Mixed-use property in Lindale's growing downtown area.
      106 S College St, Lindale, TX 75771
      View Details
    • $425,000
      5,697 SF

      Historic Lindale Building on Corner Lot

      Versatile building in historic downtown Lindale with retail/office potential.
      100 E Hubbard St, Lindale, TX 75771
      View Details
    • $850,000
      7,528 SF

      Historic Downtown Lindale Corner Property

      Prime corner location suitable for retail, office, or boutique.
      100-105 N Main St, Lindale, TX 75771
      View Details
    • $425,000
      0.08 Acres

      Historic Corner Retail/Office in Lindale

      Versatile building in historic downtown Lindale, ideal for retail/office.
      100 E Hubbard St, Lindale, TX 75771
      View Details
    • $595,000
      1,800 SF

      Lindale Mixed-Use Investment Opportunity

      Income-producing property with expansion potential in Lindale's growth corridor.
      906 S Main St, Lindale, TX 75771
      View Details

    Similar Nearby for Lease

    • $1,689 /Mo
      22,216 SF

      Retail Space in Lindale Plaza

      New construction retail space for lease in Lindale, Texas.
      801 S Main St, Lindale, TX 75771
      View Details
    • $1,690 /Mo
      22,216 SF

      Retail Space in Lindale Plaza

      Retail space for lease in Lindale, TX with high visibility.
      801 S Main St, Lindale, TX 75771
      View Details
    • New
      $3,500 /Mo

      Versatile Commercial Space in Lindale, TX

      3,000 sq ft commercial space in high-traffic Lindale location.
      520 N Main St, Lindale, TX 75771
      View Details
    • Contact for pricing

      Lindale Retail Space with Drive-Thru

      2,000 SF end-cap retail space with high I-20 visibility.
      24782 Interstate 20 W, Lindale, TX 75771
      View Details
    • $18 SF/Yr
      57,240 SF

      Lindale Office/Retail Space

      Prime Lindale location, 1,530 sq ft, high traffic.
      75 Miranda Lambert Way, Lindale, TX 75771
      View Details
    • Contact for pricing

      Land For Lease I-20 Frontage

      18.35-acre tract available for ground lease with I-20 frontage.
      15979 County Road 426, Lindale, TX 75771
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    906 S Main St
    Lindale, TX 75771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!