Fenced Flex Warehouse with
1608 John Redditt Dr. Lufkin, TX 75904
1608 John Redditt Dr., Lufkin, TX, 75904
Contact for pricing
For Sale
Contact for pricing
Lease-in-place flex facility with showroom, office, and warehouse space plus a fenced concrete yard.
Property Size7,500 SF
Price / SF$93.33
Days on Market275
Property Features for 1608 John Redditt Dr.
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing agency
Gann Medford Real Estate Inc
(936) 634-8888
Listed by
Ben Moore · License #TX
Source
Crexi
Added: Oct 22, 2025 Updated: Jul 10 at 3:59PM Checked: Jul 22 at 5:55AM
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
Investment Insights
Based on property information with market context.
The property is a 7,500 SF flex-style facility that combines showroom, office, and warehouse space under one roof. It is fenced on three sides and includes more than 18,000 SF of concrete paving behind the fence, providing a dedicated yard area for operations or customer/service access. Ample parking is available on site.
The site is positioned on a hard corner with a traffic light and high visibility, with an identified 20,000 annual average daily traffic count. Access is provided from North John Redditt Dr. and Lotus Lane, and the property is zoned for light manufacturing.
For buyers, the asset is offered with a 24-month active lease in place. The current tenant is Red Ball Oxygen, and the rent structure is described as producing an annual NOI of $45,000. With its combination of office/showroom space and warehouse and yard area, the layout may suit tenants or operators looking for a streamlined, single-site setup aligned with light manufacturing uses. A listing agent must accompany on showings with 24 hours’ notice.
The site is positioned on a hard corner with a traffic light and high visibility, with an identified 20,000 annual average daily traffic count. Access is provided from North John Redditt Dr. and Lotus Lane, and the property is zoned for light manufacturing.
For buyers, the asset is offered with a 24-month active lease in place. The current tenant is Red Ball Oxygen, and the rent structure is described as producing an annual NOI of $45,000. With its combination of office/showroom space and warehouse and yard area, the layout may suit tenants or operators looking for a streamlined, single-site setup aligned with light manufacturing uses. A listing agent must accompany on showings with 24 hours’ notice.
Key Highlights
- 1985‑built 7,500 SF commercial facility with showroom, office, and warehouse space under one roof
- 24‑month active lease in place; currently leased to Red Ball Oxygen with annual NOI of $45,000
- Hard corner with traffic light and 20,000 AADT (annual average daily traffic) count
Local Financial Insights For Flex RnD
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 | $102.6k | $13.68 |
| − Vacancy | −$5.0k | −$0.67 |
| EGI | $97.6k | $13.01 |
| − OpEx | −$34.2k | −$4.55 |
| NOI | $63.4k | $8.46 |
7,500 SF · lease $13.68/SF/yr · vacancy 4.90% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$906.0K
$792.8K – $1.06M
NOI $63,422 @ 7.0% cap · market cap 9.06%
Second Best
Warehouse
$644.3K
$563.8K – $751.7K
NOI $45,104 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $147,963 @ 7.0% cap · market cap 21.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Red Ball Oxygen ...
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Lease-in-place flex facility with showroom, office, and warehouse space plus a fenced concrete yard.
Where is this flex space located?
The property is located at 1608 John Redditt Dr. Lufkin, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1985‑built 7,500 SF commercial facility with showroom, office, and warehouse space under one roof; 24‑month active lease in place; currently leased to Red Ball Oxygen with annual NOI of $45,000; Hard corner with traffic light and 20,000 AADT (annual average daily traffic) count
