Insulated Warehouse with Loading
New
For Sale
$400,000
4000 Ellen Trout Drive, Lufkin, TX 75901
Commercial Sale, Lufkin, TX
Property Size5,800 SF
Lot Size0.54 Acres
Price / SF$68.97
Days on Market2
Property Features for 4000 Ellen Trout Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Lufkin
Middle school district
Lufkin
High school district
Lufkin
Subdivision
Angelina
Standard status
Active
Lot size
0.54 Acres
Building Details
Year built
1983
Listing Agency:
GANN MEDFORD Real Estate, Inc.
(936) 634-8888
Listed By:
The Todd & Haney Team
(936) 676-1392
Added: Sep 2
Last Checked: Sep 3 at 4:06AM
MLS# 70015015
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 warehouse property includes spray foam insulation, new electrical panels, and LED lighting throughout. A roll-up door and loading dock support receiving, storage, and day-to-day warehouse operations. The building sits on a 0.54-acre site and was constructed in 1983.
Located along Loop 287 at 4000 Ellen Trout Drive in Lufkin, the property benefits from exposure to a reported daily traffic count of just over 9,000 vehicles. Its commercial setting and warehouse configuration support storage, distribution, and service-related operations.
Located along Loop 287 at 4000 Ellen Trout Drive in Lufkin, the property benefits from exposure to a reported daily traffic count of just over 9,000 vehicles. Its commercial setting and warehouse configuration support storage, distribution, and service-related operations.
Key Highlights
- Warehouse on a 0.54‑acre site
- Spray foam insulation
- New electrical panels
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
$34,881
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
8.72%
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%
$697,620
$697.6K
Cap Rate 7%
$498,300
$498.3K
Cap Rate 9%
$387,567
$387.6K
Market Conditions
NOI Build-Up for 5,800 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
$46.6K $8.04/SF
− Vacancy
−$5.6K −$0.96/SF
EGI
$41.0K $7.08/SF
− OpEx
−$6.2K −$1.06/SF
NOI
$34.9K $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%
$697,620
Cap Rate 7%
$498,300
Cap Rate 9%
$387,567
Alternative Uses
Best Use
Warehouse
$498.3K
$436.0K – $581.4K
NOI $34,881 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,425 @ 7.0% cap · market cap 28.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trailwood Storage North — 2604 US-69, Lufkin, TX 75904
Frequently Asked Questions
What type of property is this?
Warehouse - Updated electrical systems and LED lighting complement a functional warehouse with roll-up and dock access.
Where is this warehouse located?
The property is located at 4000 Ellen Trout Drive Lufkin, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Warehouse on a 0.54‑acre site; Spray foam insulation; New electrical panels
