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Two-Workshop Flex Industrial Building

1805 Lot 2 E Lufkin Avenue Lufkin, TX 75901

Claim this Listing
For Sale
$344,900

COMMERCIAL - Lufkin, TX

Property size:
4,625 SF
Lot size:
1.47 Acres
Price / SF:
$74.57/SF
Added:
May 21, 2024
Days on Market:
785
Last Refresh:
Jul 14 at 10:06 am

Property Features for 1805 Lot 2 E Lufkin Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Luf C Commercial
Standard status
Active
Lot size
1.47 Acres

Building Details

Year built
1984

Listing agent Marisol Macias License #TREC 0687939

Listing office Century 21 Cota Realty 210 E. Lufkin Ave, LUFKIN, TX

Listing date May 21, 2024

MLS# 60073082

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 for-sale commercial flex/industrial property includes two separate workshop buildings designed for equipment movement. The front building is approximately 3,000 square feet, and the back building is approximately 1,625 square feet per CAD. Both buildings have multiple large access points, supporting straightforward loading and unloading and internal equipment flow.

The property is zoned Luf C Commercial. It is situated on 1.47 acres and is presented as an option for a wide range of business operations.

With two workshop structures on one site and prominent access openings, the layout is well-suited for users seeking flexibility between spaces while keeping both buildings under the same ownership footprint.

Key Highlights

  • 1984‑built commercial property with 2 separate workshops on 1.47 acres
  • Front workshop includes 3,000 SF and multiple large access points
  • Back workshop includes 1,625 SF and multiple large access points

Local Financial Insights For Warehouse

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 $37.2k $8.04
− Vacancy −$4.5k −$0.96
EGI $32.7k $7.08
− OpEx −$4.9k −$1.06
NOI $27.8k $6.01
4,625 SF · lease $8.04/SF/yr · vacancy 12.00% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$558.7K
$488.9K – $651.8K (±1% cap)
NOI $39,110 @ 7.0% cap · market cap 11.34%
Second Best
Warehouse
$397.3K
$347.7K – $463.6K (±1% cap)
NOI $27,814 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,244 @ 7.0% cap · market cap 26.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Parks & Wildlife Department ... Tourist Attraction

Suggested Use

Law Firm Electrical Service Dental Office Computer & Electronic Repair Locksmith Storage Facility Furniture & Home Goods Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Flex space - Two workshop buildings with multiple large access points sit on 1.47 acres in a commercial-zoned Lufkin property.
Where is this flex space located?
The property is located at 1805 Lot 2 E Lufkin Avenue Lufkin, TX.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: 1984‑built commercial property with 2 separate workshops on 1.47 acres; Front workshop includes 3,000 SF and multiple large access points; Back workshop includes 1,625 SF and multiple large access points
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