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    Harper Rd Lufkin, TX 75901

    For Sale
    $1,950,000

    15.79 Acres, Loop 287 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 15.79-acre commercial land parcel presents a remarkable investment opportunity in Lufkin, Texas. Strategically located off Loop 287 and Highway 69, this property boasts significant frontage, ensuring high visibility and accessibility for businesses. The site offers convenient access to Interstate 103, further enhancing its strategic value. Currently priced at $1,950,000 ($123,497/acre), this property is ideal for a variety of commercial uses, including retail, hospitality (hotel), or automotive (car dealership). The land features existing utilities, including electricity and water. Its prime location along Loop 287, with additional access via S. Chestnut Drive, guarantees substantial traffic exposure. The seller is open to dividing the property, offering flexibility for potential buyers with varying needs. Detailed site plans are available upon request. This is a rare opportunity to acquire a well-positioned, sizable commercial tract in a thriving Texas market. Don't miss this chance to secure a prime piece of Lufkin real estate. The property is situated in Angelina County, Texas, with a 75901 zip code, and is easily accessible from the Chestnut Drive overpass on Loop 287.

    Property Features for 0 Harper Rd

    General Information

    Property type
    Land
    Lot Size
    687,812 SF

    HighLights

    • Excellent Loop 287 & Highway 69 access.
    • Utilities (electricity & water) available on‑site.
    • Convenient I‑103 access.
    • Divisible property; owner will consider subdividing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.6890846
    Latitude
    31.3412316

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    FAQs

    What type of property is this?
    Land - 15.79 Acres, Loop 287 Frontage
    Where is this land located?
    The property is located at Harper Rd Lufkin, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Excellent Loop 287 & Highway 69 access.; Utilities (electricity & water) available on-site.; Convenient I-103 access.
    Request Owner's contact information
    Harper Rd Lufkin, TX 75901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Harper Rd Lufkin, TX 75901
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