Price Reduced Listing
Description
Pleased to present a rare opportunity to acquire a newly constructed, 7,450 SF income-producing asset strategically located in the rapidly growing market of Lindale, Texas. This well-positioned property features a ±1,500 SF professional office building at the front of the site, thoughtfully designed with a reception area, three private offices, a conference room, and a break roomideal for an owner-user or potential tenant. Positioned directly behind the office is a partially leased, 38-unit self-storage facility, including 16 climate-controlled units in varying sizes (10x10, 10x14, and 10x20), offering stable, in-place cash flow. The asset presents a compelling investment opportunity with dual income potential, immediate operational capability, and room for future expansion. The adjacent parcel to the west is also available for acquisition, further enhancing the scalability and long-term upside via the adjacent site. Located just northeast of the Interstate 20 and Highway 69 intersection, the property benefits from excellent visibility and accessibility. It is surrounded by strong national retailers such as Walmart, IHOP, McDonald’s, and QuikTrip, driving consistent traffic to the area and supporting long-term demand.
Details
| MLS # | 20922769 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 51 |
| Listing Provided By | M&D CRE, LLC | Danny Perez |
Features
| SQ Feet | 7,450 |
|---|---|
| Story(s) | 1 |
| Zoning | C-2 |
| Acreage | 0.74 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Other |
|---|---|
| Construction Materials | Brick, Metal Siding |
| Foundation Details | Slab |
Parking
| Parking Features | On Site, Parking Lot |
|---|
Utilities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|
Taxes
| Unexempt Taxes | 12516 |
|---|
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Learn More About This Property
| State | TX |
|---|---|
| County | Smith |
| City | Lindale |
| Zip Code | 75771 |
| Area | Smith |
| Listing VS Median (in 75771) | |
Price: $1,125,000 low | high Med: $449,450 SqFt: 7,450 low | high Med: 2,361 $ / SqFt: $151 low | high Med: $196 On site: 51 low | high Med: 63.000000 | |