Lufkin Office Building with
402 South John Redditt Drive, Lufkin, TX 75904
Office - Lufkin, TX
Type:Office
Property size:
22,959 SFLot size:
1.55 AcresPrice / SF:
$256/SF- Added:
- Jan 5, 2026
- Days on Market:
- 130
- Last Refresh:
- May 15 at 9:06 pm
Property Features for 402 South John Redditt Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Luf C Commercial
- Exterior features
- Stone, Block
- Standard status
- Active
- Size
- 22,959 SF
- Lot size
- 1.55 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 2009
- Building materials
- Block, Stone
- Roof type
- Metal
- Architectural style
- Other
Listing agent Cindy Pierce (936) 414-2174
Listing office GANN MEDFORD Real Estate, Inc. 2808 S John Redditt Dr, LUFKIN, TX (936) 634-8888
Listing date Jan 5, 2026
MLS# 65107530
Listing URL
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.
HighLights
- Indoor pool (2,740 sq ft) featuring ramp entry, therapy area, lap lanes, wheelchair accessibility, and heated for year‑round use.
- Versatile layout ideal for medical, therapy, or office use, offering multiple exam rooms, therapy rooms, private offices, and suites.
- Ample parking with space for 77 vehicles.
- Prime frontage with 212 feet on South John Redditt.
- Two‑story building with elevator access.
- Built in 2009 with durable stone and block exterior, and metal roof.
Overview
This 22,959 square foot office building is located in Lufkin, TX, and features 212 feet of frontage on South John Redditt Drive. The first floor includes a vestibule entrance with a stairwell and elevator, a reception/waiting room, business reception, conference/break room, administration area, nurses station, seven exam rooms, a large therapy/gym room, pediatric therapy room, whirlpool room, speech therapy room, and two private offices. Also on the first floor is a 2,740 square foot indoor pool with ramp entry and therapy area. The pool includes lap lanes, wheelchair accessibility, and is heated for year-round swimming and therapy. Men's and women's locker rooms are located near the pool. The second floor features a waiting area with a reception window. One suite, previously used for home health, has a workroom, data room, marketing area, break room, and three private offices. The second suite, previously used as a sleep lab, includes a waiting room, reception area, file room, small conference room, break room, four exam rooms, workstation, private office, and two sleep labs. The property includes parking for 77 vehicles and is zoned Luf C Commercial. The lot size is 1.55 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$3.30M
NOI $297,028 @ 9.00% cap · cautious / downside scenario
Moderate
$4.24M
NOI $297,028 @ 7.00% cap · market / base-case scenario
Aggressive
$5.94M
NOI $297,028 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $545.5k | $23.76 |
| − Vacancy | −$149.5k | −$6.51 |
| EGI | $396.0k | $17.25 |
| − OpEx | −$99.0k | −$4.31 |
| NOI | $297.0k | $12.94 |
22,959 SF · lease $23.76/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$4.24M
$3.71M – $4.95M
NOI $297,028 @ 7.0% cap · market cap 5.03%
Second Best
Healthcare Medical
$2.56M
$2.24M – $2.99M
NOI $179,214 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$6.47M
$5.66M – $7.55M
NOI $452,944 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Angelina Neurology Pa
Physician
Dr. Munawwer Khurshid
Physician
Angelina Rehabilitation Center
Rehabilitation Center
Mickelson Eileen B
Physician
Teresa Phillips
Physician
Location Insight
- Map
- Local Demand
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Longitude
- -94.7573917
- Latitude
- 31.3285661
Nearby Similar for Sale
FAQs
What type of property is this?
Medical center - 22,959 SF office building with indoor pool for sale.
Where is this medical center located?
The property is located at 402 South John Redditt Drive Lufkin, TX.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Indoor pool (2,740 sq ft) featuring ramp entry, therapy area, lap lanes, wheelchair accessibility, and heated for year‑round use.; Versatile layout ideal for medical, therapy, or office use, offering multiple exam rooms, therapy rooms, private offices, and suites.; Ample parking with space for 77 vehicles.
