Flex Space With Roll-Up
For Sale
$265,000
Pending
1817 E Lufkin Avenue, Lufkin, TX 75901
Commercial Sale, Lufkin, TX
Property Size4,000 SF
Lot Size1.04 Acres
Days on Market864
Property Features for 1817 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
Pending
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: Sep 23
Last Checked: Sep 24 at 4:06AM
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 vacant flex-space property includes a 4,000-square-foot workshop with a substantial office component, dedicated storage areas, two bathrooms, and an expansive work area. Five large roll-up doors support access to the workspace and contribute to the building’s functional layout. Constructed in 1986, the facility sits on 1.039 acres and is classified under Luf C Commercial zoning.
The property is located at 1817 E Lufkin Avenue in Lufkin, Texas, within the 75901 postal area. Its in-town setting provides direct street access, while the site’s visibility and accessibility are identified as notable physical characteristics. The building is currently vacant, allowing the next owner to evaluate the existing office, storage, restroom, and workshop configuration for its intended use.
The property is located at 1817 E Lufkin Avenue in Lufkin, Texas, within the 75901 postal area. Its in-town setting provides direct street access, while the site’s visibility and accessibility are identified as notable physical characteristics. The building is currently vacant, allowing the next owner to evaluate the existing office, storage, restroom, and workshop configuration for its intended use.
Key Highlights
- 4,000 sq ft workshop building
- Five large roll‑up doors
- Office space, storage areas, and 2 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
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Vacant commercial facility combining workshop, office, storage, and multiple roll-up doors on an in-town parcel.
Where is this flex space located?
The property is located at 1817 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 sq ft workshop building; Five large roll‑up doors; Office space, storage areas, and 2 bathrooms
