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    2121 1St St Lufkin, TX 75901

    For Sale
    $2,450,000

    Prime US 59 commercial land, divisible.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 8-acre commercial land parcel presents a remarkable development opportunity in Lufkin, Texas. Strategically located along US Highway 59 near the intersection with Loop 287 (S John Redditt Drive), this property boasts approximately 325 feet of frontage on US 59 and over 775 feet on Tulane Avenue, ensuring exceptional visibility and accessibility. The site is zoned for commercial use and offers the flexibility of division into smaller, approximately 1-acre pad sites along US 59 Frontage Road, or it can be developed as a larger tract fronting Tulane Drive. This prime location is situated within a thriving retail corridor, close to major businesses including Lufkin Mall, Ross Dress for Less, Michaels, Chick-fil-A, Ulta, PetSmart, The Home Depot, Walmart, Sam's Club, Raising Cane's, and Academy. US 59 serves as a primary route connecting Houston with East Texas and Louisiana, placing this property within a regional business and medical hub. The asking price is $2,450,000, with a land value of $7 per square foot. The property's Angelina County tax parcel numbers are CAD 14232, 144233, and 144234. This is an unparalleled chance to capitalize on the high traffic volume and strong commercial presence of this established area. Don't miss this opportunity to secure a prime piece of Lufkin real estate.

    Property Features for 2121 1St St

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • 8‑acre commercial land parcel in Lufkin, TX, with high visibility on US Highway 59 and Tulane Avenue.
    • Approx. 325 ft of US 59 frontage and over 775 ft of Tulane Avenue frontage.
    • Flexible development options: divisible into ~1‑acre pad sites or a larger tract.
    • Prime location in a thriving retail corridor near major businesses, including Lufkin Mall and numerous national retailers.
    • Exceptional access and visibility due to US 59's connection between Houston and East Texas/Louisiana, situated within a regional business and medical hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.7259459
    Latitude
    31.304807

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    FAQs

    What type of property is this?
    Land - Prime US 59 commercial land, divisible.
    Where is this land located?
    The property is located at 2121 1St St Lufkin, TX.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: 8-acre commercial land parcel in Lufkin, TX, with high visibility on US Highway 59 and Tulane Avenue.; Approx. 325 ft of US 59 frontage and over 775 ft of Tulane Avenue frontage.; Flexible development options: divisible into ~1-acre pad sites or a larger tract.
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    2121 1St St 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
    2121 1St St Lufkin, TX 75901
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