Flex Space with Roll-Up
For Sale
$265,000
1805 E Lufkin Avenue, Lufkin, TX 75901
Commercial Sale, Lufkin, TX
Property Size4,000 SF
Lot Size1.04 Acres
Price / SF$66.25
Days on Market848
Property Features for 1805 E Lufkin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Luf C Commercial
Elementary school district
Lufkin
Middle school district
Lufkin
High school district
Lufkin
Subdivision
Angelina
Standard status
Active
Lot size
1.04 Acres
Building Details
Year built
1986
Listing Agency:
Century 21 Cota Realty · Century 21 Real Estate
(936) 632-2121
Listed By:
Marisol Macias · License #TREC 0687939
(936) 221-6771
Added: May 14, 2024
Changed: Aug 19
Last Checked: Sep 8 at 7:06AM
MLS# 60073031
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 vacant flex property includes a 4,000-square-foot workshop with a substantial office component, dedicated storage areas, two bathrooms, and an expansive work area. Five large roll-up doors support access to the main workspace, while the 1986 construction provides an established commercial building on a 1.039-acre site.
The property is situated in town at 1805 E Lufkin Avenue in Lufkin, Texas, with the source information identifying visibility and accessibility as site characteristics. Zoning is designated Luf C Commercial. The combination of workshop, office, storage, restroom, and roll-up door areas creates a practical configuration for a range of flex-space operations.
The property is situated in town at 1805 E Lufkin Avenue in Lufkin, Texas, with the source information identifying visibility and accessibility as site characteristics. Zoning is designated Luf C Commercial. The combination of workshop, office, storage, restroom, and roll-up door areas creates a practical configuration for a range of flex-space operations.
Key Highlights
- 4,000 sq ft workshop with office and storage areas
- Five large roll‑up doors serving the main workspace
- Two bathrooms and an expansive work area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,056
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,120
$481.1K
Cap Rate 7%
$343,657
$343.7K
Cap Rate 9%
$267,289
$267.3K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$32.2K $8.04/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$28.3K $7.08/SF
− OpEx
−$4.2K −$1.06/SF
NOI
$24.1K $6.01/SF
Area
Angelina County, TX
Vacancy
12.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,120
Cap Rate 7%
$343,657
Cap Rate 9%
$267,289
Alternative Uses
Best Use
Flex RnD
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 12.76%
Second Best
Warehouse
$343.7K
$300.7K – $400.9K
NOI $24,056 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$1.13M
$986.4K – $1.32M
NOI $78,914 @ 7.0% cap · market cap 29.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75901, TX
28,373
Population
11,290
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
159.1 sq mi
ZIP Area
178
Density / Sq Mi
$59,083
Median Household Income
$35,479
Median Earnings
$1,085
Median Rent
$163,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Vacant commercial facility combines workshop, office, storage, and restroom areas.
Where is this flex space located?
The property is located at 1805 E Lufkin Avenue Lufkin, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 4,000 sq ft workshop with office and storage areas; Five large roll‑up doors serving the main workspace; Two bathrooms and an expansive work area
