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    121 Lhs Dr Lumberton, TX 77657

    For Sale
    $1,000,000

    Prime Lumberton location, commercial zoning, divisible.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.722-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Lumberton, Texas. Strategically located on Highway 69, this property enjoys unparalleled visibility and accessibility, situated directly across from a Walmart Supercenter and adjacent to Lumberton High School. The high traffic count ensures significant exposure for any business. Neighboring businesses include a newly constructed First Financial Bank and an L-Train Express car wash, further solidifying the area's commercial strength. The property is currently zoned for commercial use, simplifying the development process. The seller is open to dividing the land, offering flexibility for various development scenarios, from single-tenant occupancy to multi-tenant complexes. This prime location, coupled with its size and zoning, makes this property ideal for a wide range of commercial ventures. The address is 121 N LHS Drive, Lumberton, TX 77657. This is a rare opportunity to acquire a highly visible and desirable commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a location with exceptional potential.

    Property Features for 121 Lhs Dr

    General Information

    Property type
    Land
    Lot Size
    118,570 SF

    HighLights

    • $1,000,000 asking price.
    • 2.722‑acre vacant land parcel.
    • Located in Lumberton, TX, at 121 N LHS Drive, 77657.
    • High‑traffic location on Highway 69, across from Walmart and adjacent to Lumberton High School.
    • Neighboring businesses include First Financial Bank and L‑Train Express car wash.
    • Commercially zoned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lumberton
    County
    Hardin
    State
    Texas
    Longitude
    -94.2181582
    Latitude
    30.2581178

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    FAQs

    What type of property is this?
    Land - Prime Lumberton location, commercial zoning, divisible.
    Where is this land located?
    The property is located at 121 Lhs Dr Lumberton, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price.; 2.722-acre vacant land parcel.; Located in Lumberton, TX, at 121 N LHS Drive, 77657.
    Request Owner's contact information
    121 Lhs Dr Lumberton, TX 77657
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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
    121 Lhs Dr Lumberton, TX 77657
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