Flex Workshop with Roll-Up
For Sale
$265,000
1805 E Lufkin Avenue, Lufkin, TX 75901
Commercial Sale, Lufkin, TX
Property Size4,000 SF
Lot Size1.04 Acres
Price / SF$66.25
Days on Market838
Property Features for 1805 E Lufkin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Luf C Commercial
Elementary school district
Lufkin
Middle school district
Lufkin
High school district
Lufkin
Subdivision
Angelina
Standard status
Active
Lot size
1.04 Acres
Building Details
Year built
1986
Listing Agency:
Century 21 Cota Realty · Century 21 Real Estate
(936) 632-2121
Listed By:
Marisol Macias · License #TREC 0687939
(936) 221-6771
Added: May 14, 2024
Changed: Aug 19
Last Checked: Aug 29 at 7:06PM
MLS# 60073031
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 flex space includes a workshop with ample office space and dedicated storage areas. The building features two bathrooms, a large open workspace, and five large roll-up doors designed for straightforward material handling. The property is currently vacant and ready for occupancy.
The site sits on 1.039 acres in town and was built in 1986. With direct roll-up door access and office and storage support on the same premises, it can serve a range of light industrial and service-oriented needs that benefit from both workspace and administrative space.
The current layout supports day-to-day operations with a substantial work area alongside office space and storage, and it is configured for tenants who want roll-up door convenience for equipment, inventory, or ongoing work activities.
The site sits on 1.039 acres in town and was built in 1986. With direct roll-up door access and office and storage support on the same premises, it can serve a range of light industrial and service-oriented needs that benefit from both workspace and administrative space.
The current layout supports day-to-day operations with a substantial work area alongside office space and storage, and it is configured for tenants who want roll-up door convenience for equipment, inventory, or ongoing work activities.
Key Highlights
- 4,000 SF workshop with ample office space and storage areas
- Five large roll‑up doors for roll‑up access
- Two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,056
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,120
$481.1K
Cap Rate 7%
$343,657
$343.7K
Cap Rate 9%
$267,289
$267.3K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$32.2K $8.04/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$28.3K $7.08/SF
− OpEx
−$4.2K −$1.06/SF
NOI
$24.1K $6.01/SF
Area
Angelina County, TX
Vacancy
12.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,120
Cap Rate 7%
$343,657
Cap Rate 9%
$267,289
Alternative Uses
Best Use
Flex RnD
$483.2K
$422.8K – $563.8K
NOI $33,825 @ 7.0% cap · market cap 12.76%
Second Best
Warehouse
$343.7K
$300.7K – $400.9K
NOI $24,056 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$1.13M
$986.4K – $1.32M
NOI $78,914 @ 7.0% cap · market cap 29.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75901, TX
28,373
Population
11,290
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
159.1 sq mi
ZIP Area
178
Density / Sq Mi
$59,083
Median Household Income
$35,479
Median Earnings
$1,085
Median Rent
$163,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - In-town flex workshop with office space, storage areas, two bathrooms, and roll-up door access.
Where is this flex space located?
The property is located at 1805 E Lufkin Avenue Lufkin, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 4,000 SF workshop with ample office space and storage areas; Five large roll‑up doors for roll‑up access; Two bathrooms
