Office Building on
For Sale
$1,450,000
7680 FM 2497, Lufkin, TX 75904
Commercial Sale, Lufkin, TX
Property Size4,839 SF
Lot Size15.00 Acres
Price / SF$299.65
Days on Market197
Property Features for 7680 FM 2497
General Information
Property type
Residential
Property subtype
Office
Zoning
NA Not Applicable
Subdivision
T.C. RR CO
Elementary school district
Hudson
Middle school district
Hudson
High school district
Hudson
Standard status
Active
Lot size
15.00 Acres
Amenities
conference area
reception area
break room with full kitchen
storage/IT space
high ceilings
abundant natural light
zoned HVAC
Building Details
Year built
2009
Listing Agency:
Platinum Properties
(936) 414-6002
Listed By:
Nicole Penick
(936) 671-3960
Added: Feb 9
Changed: Aug 20
Last Checked: Aug 25 at 10:06AM
MLS# 65107946
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.
Built in 2009, the property includes a 4,839-square-foot brick-and-stone office building on approximately 15 acres. The interior provides 9 private offices, a conference area, reception space, a break room with full kitchen, and dedicated storage and IT areas. High ceilings, abundant natural light, and zoned HVAC support a functional workplace environment. Custom hardwood desks and furniture remain with the property, and the upper level provides additional storage or workspace.
Located at 7680 FM 2497 in Lufkin, the office is positioned off a main road with regional access, on-site utilities, and a setting that combines visibility with privacy. The property is zoned NA Not Applicable.
Located at 7680 FM 2497 in Lufkin, the office is positioned off a main road with regional access, on-site utilities, and a setting that combines visibility with privacy. The property is zoned NA Not Applicable.
Key Highlights
- 4,839‑square‑foot office building on approximately 15 acres
- 9 private offices plus conference, reception, break room, and full kitchen areas
- Brick‑and‑stone construction completed in 2009
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
$62,604
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
4.32%
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%
$1,252,080
$1.3M
Cap Rate 7%
$894,343
$894.3K
Cap Rate 9%
$695,600
$695.6K
Market Conditions
NOI Build-Up for 4,839 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
$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 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%
$1,252,080
Cap Rate 7%
$894,343
Cap Rate 9%
$695,600
Alternative Uses
Best Use
Office B
$894.3K
$782.6K – $1.04M
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
NOI $95,466 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Brick-and-stone office property with private offices, meeting space, full kitchen, and additional upstairs workspace.
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; 9 private offices plus conference, reception, break room, and full kitchen areas; Brick‑and‑stone construction completed in 2009
