Lufkin Commercial Property on
1610 John Redditt Drive Lufkin, TX 75904
1610 John Redditt Drive, Lufkin, TX, 75904
$670,000
For Sale
$670,000
SINGLE_FAMILY - Lufkin, TX
Property Size12,000 SF
Lot Size0.55 Acres
Price / SF$55.83
Days on Market579
Property Features for 1610 John Redditt Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Luf LM Light Manufacturin
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 0.55 Acres
Building Details
- Year built
- 1987
Listing Agency
GANN MEDFORD Real Estate, Inc.
(936) 634-8888
2808 S John Redditt Dr, LUFKIN, TX
Listed by
Ben Moore · License #TREC 0624969
(936) 635-6061
Added: Dec 17, 2024 Checked: Jul 19 at 3:06 am
MLS# 65102898
Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located on a hard corner with a traffic light, offering high visibility and an average daily traffic count of 20,000. The location is suitable for retail, commercial, or industrial purposes. The 4,000 square foot facility includes a showroom, office, and warehouse space. An additional 8,000 square foot detached warehouse and office space is located directly behind the main building. The property is accessible from both North John Redditt Drive and Lotus Lane. Zoned for Light Manufacturing (Luf LM Light Manufacturin), the property provides ample parking. This property presents opportunities for future investors. The property has a potential Net Operating Income (NOI) of $135,000 per year but is currently not leased. The lot size is 0.55 acres.
Key Highlights
- High Visibility Hard Corner Location with Traffic Light and 20K Annual Average Daily Traffic
- Significant NOI Potential of $135K Per Year
- Two Buildings: 4,000 SF Facility Plus Additional 8,000 SF Detached Warehouse and Office Space
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.5k | $8.04 |
| − Vacancy | −$11.6k | −$0.96 |
| EGI | $84.9k | $7.08 |
| − OpEx | −$25.5k | −$2.12 |
| NOI | $59.4k | $4.95 |
12,000 SF · lease $8.04/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,248 @ 7.0% cap · market cap 23.17%
Second Best
Flex RnD
$1.45M
$1.27M – $1.69M
NOI $101,476 @ 7.0% cap · market cap 15.15%
Theoretical Best
Office A
$3.38M
$2.96M – $3.95M
NOI $236,741 @ 7.0% cap · market cap 35.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CMC Industries North ...
Corporate Office
Southern Star
Telecommunications Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial property with high visibility and multiple uses.
Where is this flex space located?
The property is located at 1610 John Redditt Drive Lufkin, TX.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: High Visibility Hard Corner Location with Traffic Light and 20K Annual Average Daily Traffic; Significant NOI Potential of $135K Per Year; Two Buildings: **4,000 SF Facility Plus Additional 8,000 SF Detached Warehouse and Office Space**
