Versatile Commercial Property with C2
568 N Lhs Dr, Lumberton, TX 77657
For Sale
$749,999
6,000+ sq ft commercial property with USDA-approved manufacturing facility.
Property Size6,000 SF
Lot Size1.00 Acre
Price / SF$124
Days on Market287
Property Features for 568 N Lhs Dr
General Information
Standard status
Size
Lot size
Listing Agency:
Property Pros Real Estate & Co
Listed By:
Jacey-Kay Carter · License #0588021
(409) 454-0500
Source:
Exprealty
Added: Jan 26
Changed: Oct 25
Last Checked: Nov 6 at 10:16AM
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 Property Pros Real Estate & Co
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Investment Insights
Based on property information with market context.
This commercial property offers over 6,000 square feet of space with C2 zoning, allowing for 24-hour business operations. It features a fully equipped, USDA-approved manufacturing facility, a restaurant, and a market area suitable for direct-to-customer retail sales. The facility is designed to support efficient workflow and operational flexibility, making it suitable for food production or culinary ventures. The restaurant area is move-in ready. The market area provides a retail space for customers to purchase food. The property includes ample parking and high visibility. A drive-thru enhances customer service. This property is set up for restaurant service, food production, and retail sales.
Key Highlights
- USDA‑approved manufacturing facility ideal for food production.
- C2 zoning allows for 24‑hour business operations.
- Includes a move‑in ready restaurant and market for retail sales.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,868
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,360
$1.3M
Cap Rate 7%
$955,257
$955.3K
Cap Rate 9%
$742,978
$743.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$104.4K $17.40/SF
− Vacancy
−$8.9K −$1.48/SF
EGI
$95.5K $15.92/SF
− OpEx
−$28.7K −$4.78/SF
NOI
$66.9K $11.14/SF
Area
Hardin County, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,360
Cap Rate 7%
$955,257
Cap Rate 9%
$742,978
Alternative Uses
Best Use
Specialty Retail
$1.11M
$967.8K – $1.29M
NOI $77,423 @ 7.0% cap · market cap 10.32%
Second Best
Retail
$955.3K
$835.9K – $1.11M
NOI $66,868 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,187 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77657, TX
22,161
Population
9,044
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
384
Density / Sq Mi
$93,225
Median Household Income
$55,129
Median Earnings
$1,039
Median Rent
$243,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Kona Ice of East Beaumont — 2091 Hwy 418 W, Kountze, TX 77625
Frequently Asked Questions
What type of property is this?
Restaurant - 6,000+ sq ft commercial property with USDA-approved manufacturing facility.
Where is this restaurant located?
The property is located at 568 N Lhs Dr Lumberton, TX.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: USDA‑approved manufacturing facility ideal for food production.; C2 zoning allows for 24‑hour business operations.; Includes a move‑in ready restaurant and market for retail sales.
