I-20 LOT FOR SALE INTERSTATE FRONTAGE C-2 ZONING

Office for Sale
Catylist Listing ID: 30575553
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Gross Land Area: 2.29 Acres
Sale Price: $1,000,000
Unit Price: $666.67 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2020

Overview / Comments

I-20 lot site for future development in Lindale, Texas. Property with about 135' of I-20 frontage is along the Northwest portion of I-20 and State Highway 69 (Main Street), next to 2 existing hotels and one under construction. The entire listing consists of 2 parcels, the back parcel is along County Road 472. Both properties are zoned "C-2" Community and Regional Commercial District. The parcel along 472 has a residential building that could be converted into a commercial concern. There are plans for the area along I-20 (see TxDot: I-20 Expansion and Frontage Roads).

Additional Details

Nearest MSA: Tyler
County: Smith
Tax ID/APN: 100000037100002070
Zoning: C-2
Property Located Between: Main Street and I-20
Property Visibility: Excellent
Highway Access: I-20
Site Description: Residential building and lot with I-20 presence
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Year Built: 1966
Construction/Siding: Brick
Exterior Description: Brick / wood with covered front porch
Parking Type: Surface
Parking Description: 2 car garge and driveway
Heat Source: Central
Zoning Description: C-2 Community and Regional Commercial District
Legal Description: ABST A0371 S GRACE, TRACT 2K andTRACT 2G

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,114 18,345
Median Age: 38.32 38.72
Households: 3,304 6,584

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