Building Details

Building Size 4,839 SF

Year Built 2009

Buildings 1

Stories 2

Construction brick and stone

Listing Agency: Platinum Properties Show Phone

Listed By: Nicole Penick Show Phone

Source: Lizmcclurgrealtors

Added: Oct 26 Changed: Oct 30 Last Checked: Oct 27 at 3:30AM

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Investment Insights

Based on property information with market context.

Built in 2009, this 4,839-square-foot office property sits on approximately 15 acres. The brick-and-stone building contains nine private offices, a conference area, reception, a break room with a full kitchen, and storage and IT space. Upstairs area can serve as storage or workspace. Zoned HVAC, high ceilings, and natural light are among the building’s features. Custom hardwood desks and furniture are included in the sale.

The property is set off a main road, with utilities on site and regional access. Its site placement offers visibility while retaining privacy.

Key Highlights

• 4,839‑square‑foot office building on approximately 15 acres
• Nine private offices, conference area, reception, and break room with full kitchen
• Brick‑and‑stone construction; built in 2009

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$62,604

Cap Rate

4.32%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,252,080 $1.3M

Cap Rate 7%

$894,343 $894.3K

Cap Rate 9%

$695,600 $695.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,839 SF

Gross rent

$115.0K $23.76/SF

− Vacancy

−$31.5K −$6.51/SF

EGI

$83.5K $17.25/SF

− OpEx

−$20.9K −$4.31/SF

NOI

$62.6K $12.94/SF

Area

Angelina County, TX

Vacancy

27.40%

Lease Rate

$23.76 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,252,080

Cap Rate 7%

$894,343

Cap Rate 9%

$695,600

Alternative Uses

Best Use

Office B

$894.3K

$782.6K – $1.04M (±1% cap)

NOI $62,604 @ 7.0% cap · market cap 4.32%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.36M

$1.19M – $1.59M (±1% cap)

NOI $95,466 @ 7.0% cap · market cap 6.58%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Acorn Forestry Forestry Service

Suggested Use

Top Pick Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - A nine-office layout includes a conference area, full kitchen, reception, and additional upstairs space.

Where is this office building located?

The property is located at 7680 Fm 2497 Lufkin, TX.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: 4,839‑square‑foot office building on approximately 15 acres; Nine private offices, conference area, reception, and break room with full kitchen; Brick‑and‑stone construction; built in 2009