Two-Workshop Flex Industrial
1805 Lot 2 E Lufkin Avenue Lufkin, TX 75901
1805 Lot 2 E Lufkin Avenue, Lufkin, TX, 75901
$344,900
For Sale
$344,900
COMMERCIAL - Lufkin, TX
Property Size4,625 SF
Lot Size1.47 Acres
Price / SF$74.57
Days on Market792
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 agency
Century 21 Cota Realty
(936) 632-2121
Listed by
Marisol Macias · License #TREC 0687939
(936) 221-6771
Added: May 21, 2024 Updated: Jul 10 at 10:00AM Checked: Jul 21 at 7:06PM
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.
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
NOI $39,110 @ 7.0% cap · market cap 11.34%
Second Best
Warehouse
$397.3K
$347.7K – $463.6K
NOI $27,814 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
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
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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