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    R16440 John Redditt Dr Lufkin, TX 75904

    For Sale
    $499,921

    13.88 Acres, High Visibility, Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 13.88-acre commercial land parcel presents a remarkable opportunity in Lufkin, Texas. Strategically located on Loop 287 between Highway 103 West and Highway 69 North, this property boasts over 700 feet of high-visibility frontage, ensuring significant exposure to the substantial daily traffic flow. Its prime location is further enhanced by its proximity to the Angelina Neches River Authority and across from Lyons Gas, providing excellent brand recognition potential. The property is zoned for commercial use, making it ideal for a wide range of businesses seeking a prominent location with ample space for growth. The seller will consider dividing the property to accommodate various development needs. City utilities are readily available, simplifying the development process and minimizing infrastructure costs. This is a rare chance to acquire a substantial commercial tract in a thriving area with excellent access and visibility, making it an exceptional investment for discerning buyers. The property's address is (R16440) John Redditt Drive, Lufkin, TX 75904, situated in Angelina County. The asking price is $499,921.

    Property Features for R16440 John Redditt Dr

    General Information

    Property type
    Farms
    Lot Size
    604,613 SF

    HighLights

    • 13.88‑acre commercial land parcel in Lufkin, TX.
    • High‑visibility location on Loop 287, with over 700 feet of frontage.
    • Zoned for commercial use, near Hwy 103 W & Hwy 69 N.
    • Seller will consider dividing the property.
    • City utilities available; asking price $499,921.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.7647106
    Latitude
    31.3506924

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    FAQs

    What type of property is this?
    Farm - 13.88 Acres, High Visibility, Commercial Zoning
    Where is this farm located?
    The property is located at R16440 John Redditt Dr Lufkin, TX.
    What is the asking price?
    The asking price for this property is $499,921.
    What are key features of this property?
    This property features: 13.88-acre commercial land parcel in Lufkin, TX.; High-visibility location on Loop 287, with over 700 feet of frontage.; Zoned for commercial use, near Hwy 103 W & Hwy 69 N.
    Request Owner's contact information
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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
    R16440 John Redditt Dr Lufkin, TX 75904
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