Flex Space with Office and
2001 N John Redditt, Lufkin, TX 75904
For Sale
New
$410,000
A triple-net tenant occupies the property, with dedicated office space and shop areas for commercial operations.
Property Size1,950 SF
Price / SF$210.26
Days on Market2
Property Features for 2001 N John Redditt
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Tenant in Place
Property Use
Building Details
Building Size
Year Renovated
Stories
Construction
Listing Agency:
Legacy Real Estate Group
(936) 632-3211
Listed By:
Kim Davis · License #0629089
(936) 208-8090
Source:
Grandluxerealtyco
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 2:05AM
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 Legacy Real Estate Group
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Investment Insights
Based on property information with market context.
This 1,950-square-foot flex property combines dedicated office space with a shop area in an all-metal building finished with stone siding. The primary shop has two 12' x 12' bays and can be heated and cooled. A separate 36' x 18' shop sits at the rear of the property, adding another defined work area. The building received tenant-funded improvements in 2025.
The property is located on The Loop at 2001 N John Redditt in Lufkin. It is occupied under a triple-net lease, and its zoning designation is Center.
The property is located on The Loop at 2001 N John Redditt in Lufkin. It is occupied under a triple-net lease, and its zoning designation is Center.
Key Highlights
- 1,950‑square‑foot flex property with office and shop areas
- Two 12' x 12' bays in the main shop
- Separate 36' x 18' shop at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,490
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,800
$329.8K
Cap Rate 7%
$235,571
$235.6K
Cap Rate 9%
$183,222
$183.2K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$26.7K $13.68/SF
− Vacancy
−$1.3K −$0.67/SF
EGI
$25.4K $13.01/SF
− OpEx
−$8.9K −$4.55/SF
NOI
$16.5K $8.46/SF
Area
Angelina County, TX
Vacancy
4.90%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,800
Cap Rate 7%
$235,571
Cap Rate 9%
$183,222
Alternative Uses
Best Use
Flex RnD
$235.6K
$206.1K – $274.8K
NOI $16,490 @ 7.0% cap · market cap 4.02%
Second Best
Industrial
$138.0K
$120.7K – $161.0K
NOI $9,658 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K
NOI $38,470 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 75904, TX
34,680
Population
14,829
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
88%
High-School Grad
160.5 sq mi
ZIP Area
216
Density / Sq Mi
$59,325
Median Household Income
$36,711
Median Earnings
$1,086
Median Rent
$173,000
Median Home Value
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Market
Properties on Market for Flex space in Lufkin
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A triple-net tenant occupies the property, with dedicated office space and shop areas for commercial operations.
Where is this flex space located?
The property is located at 2001 N John Redditt Lufkin, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,950‑square‑foot flex property with office and shop areas; Two 12' x 12' bays in the main shop; Separate 36' x 18' shop at the rear
