Insulated Warehouse with
For Sale
Contact for pricing
2500 North Medford Drive, Lufkin, TX 75901
Insulated warehouse layout includes two offices, counter/showroom area, and multiple restrooms with convenient overhead door access.
Property Size9,880 SF
Price / SF$121.46
Days on Market57
Property Features for 2500 North Medford Drive
General Information
Standard status
Active
Size
9,880 SF
Property subtype
Industrial, Mixed Use
Zoning
Commercial
Investment Type
Owner/User
Additional Details
Drive-In Doors
2
Building Details
Year Built
2016
Buildings
1
Listing Agency:
Gann Medford Real Estate Inc
(936) 634-8888
Listed By:
Nathan Gann · License #TX 468063
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 9:07AM
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 Gann Medford Real Estate Inc
Investment Insights
Based on property information with market context.
This for-sale industrial facility offers approximately 9,880 square feet of warehouse space with insulation throughout. The interior includes an open main area that can support a counter or showroom configuration, along with two offices for back-of-house and client-facing use. Supporting amenities include three handicap restrooms and a break room, providing practical everyday convenience for employees and visitors.
The building is accessed via two overhead doors and is designed for straightforward loading and receiving. On-site parking is described as ample, supporting customer visits, deliveries, and regular staff operations.
With its combination of insulated warehouse area and built-in office space, this property can fit a range of businesses needing light industrial storage or distribution paired with customer service or counter operations. Flexible open-area layout, office separation, and multiple restrooms can help accommodate both internal workflows and day-to-day client or pickup needs.
The building is accessed via two overhead doors and is designed for straightforward loading and receiving. On-site parking is described as ample, supporting customer visits, deliveries, and regular staff operations.
With its combination of insulated warehouse area and built-in office space, this property can fit a range of businesses needing light industrial storage or distribution paired with customer service or counter operations. Flexible open-area layout, office separation, and multiple restrooms can help accommodate both internal workflows and day-to-day client or pickup needs.
Key Highlights
- 2016‑built insulated warehouse with 9,880 sq ft of space
- Includes two offices and an open area with counter/showroom space
- Features 3 handicap restrooms plus a break room
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
$83,548
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
6.96%
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%
$1,670,960
$1.7M
Cap Rate 7%
$1,193,543
$1.2M
Cap Rate 9%
$928,311
$928.3K
Market Conditions
NOI Build-Up for 9,880 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
$135.2K $13.68/SF
− Vacancy
−$6.6K −$0.67/SF
EGI
$128.5K $13.01/SF
− OpEx
−$45.0K −$4.55/SF
NOI
$83.5K $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 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%
$1,670,960
Cap Rate 7%
$1,193,543
Cap Rate 9%
$928,311
Alternative Uses
Best Use
Office B
$1.83M
$1.60M – $2.13M
NOI $127,821 @ 7.0% cap · market cap 10.65%
Second Best
Flex RnD
$1.19M
$1.04M – $1.39M
NOI $83,548 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,916 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Balanced
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Insulated warehouse layout includes two offices, counter/showroom area, and multiple restrooms with convenient overhead door access.
Where is this flex space located?
The property is located at 2500 North Medford Drive Lufkin, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2016‑built insulated warehouse with 9,880 sq ft of space; Includes two offices and an open area with counter/showroom space; Features 3 handicap restrooms plus a break room
