Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21230 Us Highway 59 South Lufkin, TX 75904

    Sponsored
    For Sale
    $1,100,310

    Other Commercial - Lufkin, TX

    Lot size:
    29.85 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 23 at 12:06 pm

    Property Features for 21230 Us Highway 59 South

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Luf C Commercial
    Exterior features
    Other
    Lot size
    29.85 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Building materials
    Other
    Roof type
    Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Sabria Holland

    East Texas Rec Land Realty LLC (936) 632-0040

    Listing agent Sabria Holland (936) 632-0040

    Listing date Feb 22, 2026

    MLS# 60068703 Listing URL

    Copyright © 2026 Nacogdoches Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land on Highway

    This 29.85-acre commercial land is located just outside of Lufkin, TX, offering opportunities for business owners and developers. The property features a flat topography, suitable for a range of commercial uses. Situated in a high-traffic area, the location provides visibility, making it suitable for retail establishments, office buildings, hotels, or other commercial developments. The property is located on major highway 59S, providing accessibility for customers and employees. Businesses on this property can benefit from the city's growing economy and business-friendly atmosphere.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Garden Center Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.730145
    Latitude
    31.2874748

    Nearby Similar for Sale

    • New
      $825,000
      1,932 SF

      Lufkin Multi-Income Property Opportunity

      Income-producing property with residence, guest house, and event venues.
      2508 Us Highway 69 North, Lufkin, TX 75904
      View Details
    • New
      $625,000
      4,432 SF

      Historical Office Building on Acreage

      Two-story historic building on a landscaped 1.41 acre corner lot.
      107 W Kerr Ave, Lufkin, TX 75904
      View Details
    • $499,999
      0.67 Acres

      Lufkin Commercial Strip Center

      Fully occupied commercial strip center in Lufkin, Texas for sale.
      428 Atkinson Dr, Lufkin, TX 75901
      View Details
    • New
      $499,999
      12,652 SF

      Lufkin Retail Strip Center

      Fully occupied commercial strip center in Lufkin, Texas for sale.
      428 Atkinson Dr, Lufkin, TX 75901
      View Details
    • New
      $250,000
      2,569 SF

      Lufkin Mixed-Use Income Property

      Unique income-producing property with storefront, apartment, and rental home.
      2755 Us Highway 69 North, Lufkin, TX 75904
      View Details
    • $250,000
      1.60 Acres

      Unique Income-Producing Commercial Property

      Income-producing commercial property with storefront, apartment, and rental home.
      2755 Hwy 69 North, Lufkin, TX 75904
      View Details
    • $275,000
      0.33 Acres

      Lufkin Commercial Building For Sale

      High-traffic commercial building in central Lufkin, suitable for retail or offices.
      310 Denman Ave, Lufkin, TX 75901
      View Details
    • New
      $275,000
      5,600 SF

      Commercial Building in Central Lufkin

      5600 SF commercial building in high-traffic Lufkin location.
      310 Denman Ave, Lufkin, TX 75901
      View Details
    • New
      $1,490,000
      4,839 SF

      Lufkin Office Building on 15 Acres

      4,839 SF office building on 15 acres in Lufkin.
      7680 Fm 2497, Lufkin, TX 75904
      View Details
    • $1,850,000
      4,350 SF

      Remodeled Retail Opportunity in Lufkin

      Turnkey retail space on 1.87 acres in Lufkin, TX.
      1507 S 1St St, Lufkin, TX 75901
      View Details
    • New
      $999,999
      2,014 SF

      Laundromat Portfolio in Angelina County

      Three established laundromats for sale in Lufkin, Texas.
      1318 Paul Ave, Lufkin, TX 75901
      View Details
    • New
      $379,900
      4,774 SF

      Versatile Commercial Space in Lufkin

      4774 sq ft commercial space with retail and warehouse areas.
      1024 E Denman Ave, Lufkin, TX 75901
      View Details

    FAQs

    What type of property is this?
    Commercial land - 30-acre commercial land with highway frontage near Lufkin, TX.
    Where is this commercial land located?
    The property is located at 21230 Us Highway 59 South Lufkin, TX.
    What is the asking price?
    The asking price for this property is $1,100,310.
    What are key features of this property?
    This property features: - Prime location for commercial development just outside Lufkin, TX.; - Located on major highway 59S, providing excellent accessibility.; - High-traffic area with excellent visibility.
    (936) 635-8982
    Request Owner's contact information
    21230 Us Highway 59 South Lufkin, TX 75904
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21230 Us Highway 59 South
    Lufkin, TX 75904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21230 Us Highway 59 South Lufkin, TX 75904
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sabria Holland
    Real Estate License ID: TREC 0674270
    (936) 635-8982 (936) 632-0040
    Learn more
    Google sign-in failed. Please try again or use another login method.