1101 Main StLindale, TX 75771

  • Office buildings
  • 2,254 SF
For Sale
$385,000 View listing

Property Details for 1101 Main St

Year built
1970
Lot size
0.48 AC
Property size (Sq ft)
2,254 SF
Property type
Office buildings
APN
1-00000-0381-02-012050
APU
100000038102012050

Description

This exceptional commercial office building, located at 1101 S Main Street in Lindale, Texas, presents a unique opportunity for businesses seeking a prominent location. Situated on a 0.48-acre lot, the property boasts 2,254 square feet of well-maintained office space. The building's strategic placement on Main Street, also known as Highway 69, ensures unparalleled visibility and accessibility for clients and employees alike. The interior layout is designed for optimal functionality and includes five to six generously sized private offices, providing ample space for individual work or team collaboration. Two restrooms are conveniently located for staff and visitors. A welcoming reception area and a spacious waiting room create a professional and comfortable atmosphere. A dedicated break room offers a convenient space for employees to relax and recharge. Ample on-site parking is available, eliminating the hassle of finding parking in a busy commercial area. This property is ideal for a variety of businesses seeking a high-profile location with excellent amenities. The asking price for this turnkey office space is $385,000. This represents a significant opportunity to establish or expand your business in a thriving Lindale community. The property's excellent condition and prime location make it a truly exceptional investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $496,391
    6.5%
    $458,207
    7%
    $425,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $329,674
    Geo Method
    $674,825
  • Alternative Use

    Use
    Valuation
    Residential
    $568,176
    Hospitality
    $520,447
    Educational
    $433,005
    Medical
    $447,897
    Retail
    $673,564

Location Insight

City
Lindale
County
Smith
State
Texas
Latitude
32.5059
Longitude
-95.4084
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
$3,734
$110,061
$84,356
$194,417
-
$110,061
$84,356
$194,417

FAQs

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