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    Lane Dr Lufkin, TX 75904

    For Sale
    $550,502

    Prime Lufkin location, commercial zoning, 5 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5.01-acre commercial property is ideally situated on the south side of Lufkin, Texas, just outside the city's loop. Its convenient location offers easy access to Lufkin's primary retail hub, placing it within minutes of a wide array of popular stores, restaurants, and medical facilities. The property boasts significant road frontage along two sides, ensuring excellent visibility and accessibility. It's already zoned for commercial use, with permitted uses detailed in the provided documents. Essential utilities are readily available, with water mains running along both road frontages and electricity easily accessible. Prospective buyers are responsible for independently verifying that the existing utilities and zoning classifications meet their specific needs and intended use. This presents a unique opportunity for businesses seeking a prominent location with ample space. The property's strategic positioning and infrastructure make it an attractive prospect for a variety of commercial ventures. Furthermore, there's a possibility of acquiring additional adjacent acreage, providing potential for expansion or future development. Interested parties should review the provided documents for complete details on permitted uses and zoning regulations. This is a rare opportunity to secure a substantial commercial parcel in a thriving Texas city.

    Property Features for Lane Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    218,236 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.74065
    Latitude
    31.31348

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Lufkin location, commercial zoning, 5 acres.
    Where is this commercial real estate located?
    The property is located at Lane Dr Lufkin, TX.
    What is the asking price?
    The asking price for this property is $550,502.
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    Lane Dr Lufkin, TX 75904
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    Realmo Value Estimation

    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.

    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.

    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
    Lane Dr Lufkin, TX 75904
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