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

    4515 Farm-To-Market 841 Lufkin, TX 75901

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $420,000

    21-acre unrestricted land parcel suitable for various development projects.

    Lot size:
    21.00 Acres

    Property Features for 4515 Farm-To-Market 841

    General Information

    Lot size
    21.00 Acres

    We can help!

    Listing Contact
    Jonathan Minerick
    Source: Elliman

    Listing Agent: Jonathan Minerick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Unrestricted Land Parcel For Sale

    This 21-acre land parcel offers unrestricted development potential, requiring no zones or permits. The property allows for diverse construction projects. The lower 14 acres have been cleared of all trees and graded, making it suitable for housing, RV, or self-storage development. The upper 7 acres currently have trees, which can be removed and graded for a new owner. The property features a new wide asphalt road with a traffic count of approximately 2000 vehicles per day. The 287 loop nearby has a traffic count of approximately 40000 vehicles per day. There are four road entrances onto the land, including one 40-foot entrance and three 24-foot entrances. Mineral rights are included in the sale.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.744
    Latitude
    31.3301

    Nearby Similar for Sale

    • $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
    • $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
    • $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
    • $240,000
      0.08 Acres

      Downtown Lufkin Commercial Building

      3250 sq ft commercial building in the heart of Lufkin.
      112 East Lufkin Ave, Lufkin, TX 75901
      View Details
    • $240,000
      3,250 SF

      Downtown Lufkin Commercial Building

      3250 sq ft building in the heart of Lufkin, TX
      112 East Lufkin Ave, Lufkin, TX 75901
      View Details
    • $550,000
      0.72 Acres

      Versatile Office Space Near Downtown

      12,000 SF professional office space near revitalized downtown.
      202 Angelina St, Lufkin, TX 75901
      View Details
    • $400,000
      0.47 Acres

      Commercial Property in High-Traffic Area

      Commercial property with high visibility and income-producing potential in Lufkin.
      815 N 3Rd St, Lufkin, TX 75901
      View Details
    • $395,000
      0.10 Acres

      Historic Downtown Lufkin Storefront

      Prime commercial space in Lufkin's vibrant downtown area.
      117 East Lufkin Ave, Lufkin, TX 75901
      View Details
    • $220,000
      0.20 Acres

      Remodeled Office Space in Lufkin

      Remodeled office space in a bustling location near businesses and schools.
      1009 E Denman Ave, Lufkin, TX 75901
      View Details
    • $300,000
      0.33 Acres

      Lufkin Commercial Building For Sale

      2,191 sq ft commercial building ideal for various business ventures.
      806 Pershing St, Lufkin, TX 75904
      View Details
    • $1,200,000
      1.34 Acres

      Lufkin Warehouse with Office Space

      Warehouse with offices, showroom, restrooms, break room, and parking.
      2500 N Medford Dr, Lufkin, TX 75901
      View Details

    FAQs

    What type of property is this?
    Land - 21-acre unrestricted land parcel suitable for various development projects.
    Where is this land located?
    The property is located at 4515 Farm-To-Market 841 Lufkin, TX.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - 21 acres of land with no zoning or permit restrictions, allowing for diverse development options.; - 14 acres already cleared and graded, ready for immediate housing, RV, or self-storage development.; - Mineral rights included in the sale.
    (888) 400-2513
    Request Owner's contact information
    4515 Farm-To-Market 841 Lufkin, TX 75901
    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.
    4515 Farm-To-Market 841
    Lufkin, TX 75901
    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
    4515 Farm-To-Market 841 Lufkin, TX 75901
    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
    Jonathan Minerick
    Real Estate License ID: 5014919
    (888) 400-2513
    Learn more
    Google sign-in failed. Please try again or use another login method.