Versatile Commercial Space in Lufkin

1024 E Denman Avenue Lufkin, TX 75901

Claim this Listing
For Sale
$349,900

SINGLE_FAMILY - Lufkin, TX

Type:Office
Property size:
4,500 SF
Lot size:
0.59 Acres
Price / SF:
$77/SF
Added:
Mar 25, 2025
Days on Market:
476
Last Refresh:
Jul 13 at 4:06 am

Property Features for 1024 E Denman Avenue

General Information

Property type
Residential
Property subtype
Office
Zoning
Luf C Commercial
Standard status
Active
Size
4,500 SF
Lot size
0.59 Acres

Building Details

Year built
1995

Listing agent Courtney Gould License #TREC 0560834

Listing office Legacy Real Estate Group 1403 Turtle Creek, Lufkin, TX

Listing date Mar 25, 2025

MLS# 65104079

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 space provides over 4500 sq ft in a high traffic location, with an additional 3027 sq ft of concrete parking area. The property, zoned for commercial use, includes lobby/retail space, office space, and ample warehouse space suitable for various business needs. The lot size is 0.59 acres.

Key Highlights

  • High traffic location ideal for business exposure
  • Over 4500 sq ft of commercial space
  • Ample warehouse space

Local Financial Insights For Warehouse

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 $36.2k $8.04
− Vacancy −$4.3k −$0.96
EGI $31.8k $7.08
− OpEx −$4.8k −$1.06
NOI $27.1k $6.01
4,500 SF · lease $8.04/SF/yr · vacancy 12.00% · expense 15.00%

Alternative Uses

Best Use
Retail
$870.8K
$761.9K – $1.02M (±1% cap)
NOI $60,954 @ 7.0% cap · market cap 17.42%
Second Best
Office B
$831.7K
$727.7K – $970.3K (±1% cap)
NOI $58,218 @ 7.0% cap · market cap 16.64%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,778 @ 7.0% cap · market cap 25.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duran Pools and Spas ... General Contractor

Suggested Use

Dental Office Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Real Estate Agency Tanning Salon Restaurant (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Moe's Southwest Grill — 1920 E Denman Ave, Lufkin, TX 75901
  • TnT Smokehouse — 600 Finley Ave, Lufkin, TX 75901

FAQs

What type of property is this?
Flex space - Over 4500 sq ft commercial space in high-traffic location.
Where is this flex space located?
The property is located at 1024 E Denman Avenue Lufkin, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: High traffic location ideal for business exposure; Over 4500 sq ft of commercial space; Ample warehouse space
Contact an agent
More about this property
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