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    2401 Us-69 Lufkin, TX 75904

    For Sale
    $165,000

    Prime Commercial/Residential Land, Lufkin, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.53-acre property presents a unique investment opportunity in Lufkin, Texas. Located on the access road of US Highway 69 and at the intersection of N John Redditt Drive, this land boasts convenient highway access and high visibility. The property is zoned for both Manufactured Housing (MH) and Commercial (C) uses, offering considerable flexibility for development. Utilities are readily available nearby, simplifying infrastructure needs. The asking price is $165,000. This Angelina County land presents an excellent opportunity for developers seeking a strategic location with dual zoning capabilities. The property's location on a major thoroughfare ensures high traffic volume and exposure, making it ideal for a variety of commercial ventures. Simultaneously, the MH zoning allows for the development of manufactured housing communities, catering to a growing housing demand. The combination of commercial and residential zoning potential maximizes the property's versatility and investment potential. This location offers significant tax advantages as it falls within an Opportunity Zone, further enhancing its appeal to investors. Don't miss this chance to acquire a highly versatile and strategically located parcel of land in a thriving Texas community.

    Property Features for 2401 Us-69

    General Information

    Property type
    Land
    Lot Size
    240,887 SF

    HighLights

    • 5.53‑acre lot in Lufkin, TX, priced at $165,000.
    • Located on US Highway 69 access road and N John Redditt Drive, offering high visibility and convenient highway access.
    • Zoned for both Commercial (C) and Manufactured Housing (MH) uses.
    • Utilities readily available.
    • Located in an Opportunity Zone, providing significant tax advantages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lufkin
    County
    Angelina
    State
    Texas
    Longitude
    -94.758362436508
    Latitude
    31.371439110705

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, Lufkin, TX
    Where is this land located?
    The property is located at 2401 Us-69 Lufkin, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 5.53-acre lot in Lufkin, TX, priced at $165,000.; Located on US Highway 69 access road and N John Redditt Drive, offering high visibility and convenient highway access.; Zoned for both Commercial (C) and Manufactured Housing (MH) uses.
    (817) 999-8266
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    2401 Us-69 Lufkin, TX 75904
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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
    2401 Us-69 Lufkin, TX 75904
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