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    402 S John Redditt Drive, Lufkin, TX 75904

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    For Sale
    $5,900,000

    22,959 SF medical/office building with pool and ample parking.

    Type:Commercial
    Property size:
    22,959 SF
    Price / SF:
    $256/SF
    Added:
    Apr 22, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 22 at 5:27 pm

    Property Features for 402 S John Redditt Drive

    General Information

    Standard status
    Active
    Size
    22,959 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2009

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    Listing Contact
    Cindy Pierce

    Listing agent Cindy Pierce

    Listing office Gann Medford Real Estate Inc.

    Listing date Apr 22, 2026

    Source Signaturere

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

    All listing content including descriptions, pricing, images are the copyrighted material of Gann Medford Real Estate Inc.

    HighLights

    • Indoor pool (2,740 sq ft) with ramp entry, therapy area, lap lanes, wheelchair accessibility, and heated for year‑round use.
    • Versatile layout suitable for medical, therapy, or office use with multiple exam rooms, therapy rooms, private offices, and reception areas.
    • Ample parking with space for 77 vehicles.
    • Two suites on the second floor previously used for home health and sleep lab.
    • First floor includes specialized rooms such as a whirlpool room, pediatric therapy room, and speech therapy room.
    • Prime frontage with 212 feet on South John Redditt.

    Overview

    This 22,959 square foot building features a first floor with a vestibule entrance including a stairwell and elevator, a reception waiting room, business reception, conference or break room, and an administration area. It also contains a nurses station, 7 exam rooms, a large therapy or gym room, a pediatric therapy room, a whirlpool room, and a speech therapy room, along with 2 private offices. An indoor pool measuring 2,740 square feet includes a ramp entry and therapy area, lap lanes, wheelchair accessibility, and is heated for year-round use. Men's and women's locker rooms are available. The second floor features a waiting area with a reception window. One suite, previously used for home health, includes a workroom, data room, marketing area, break room, and 3 private offices. The second suite, previously used as a sleep lab, includes a waiting room, reception area, file room, small conference room, break room, 4 exam rooms, a workstation, a private office, and 2 sleep labs. The property provides parking for 77 vehicles and has 212 feet of frontage on South John Redditt Drive.

    Local Financial Insights For Office B

    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 $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 Uses

    Best Use
    Office B
    $4.24M
    $3.71M – $4.95M (±1% cap)
    NOI $297,028 @ 7.0% cap · market cap 5.03%
    Second Best
    Healthcare Medical
    $2.56M
    $2.24M – $2.99M (±1% cap)
    NOI $179,214 @ 7.0% cap · market cap 3.04%
    Theoretical Best
    Office A
    $6.47M
    $5.66M – $7.55M (±1% cap)
    NOI $452,944 @ 7.0% cap · market cap 7.68%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.757422
    Latitude
    31.328615

    FAQs

    What type of property is this?
    Rehabilitation center - 22,959 SF medical/office building with pool and ample parking.
    Where is this rehabilitation center located?
    The property is located at 402 S 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) with ramp entry, therapy area, lap lanes, wheelchair accessibility, and heated for year‑round use.; Versatile layout suitable for medical, therapy, or office use with multiple exam rooms, therapy rooms, private offices, and reception areas.; Ample parking with space for 77 vehicles.
    More about this property
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