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Property profile & analytics
OFF-MARKET
Land

2302 John Redditt Dr Lufkin, TX 75904

1.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.363-acre commercial land parcel presents a remarkable investment opportunity in Lufkin, Texas. Located at 2302 South John Redditt Drive, in Angelina County, zip code 75904, this property boasts a prime commercial zoning (C - Commercial) and benefits from exceptional daily traffic exceeding 32,000 vehicles. Its strategic position between two major Lufkin neighborhoods places it directly within the flow of significant local and through traffic. The asking price is $325,000, translating to approximately $238,444 per acre. Surrounding businesses include banks, churches, restaurants, and retail establishments, creating a vibrant and established commercial environment. The property is currently vacant, offering a blank canvas for development tailored to the needs of a discerning investor. Prospective buyers are responsible for verifying the availability and connection of all utilities. This is an unparalleled chance to acquire a highly visible and accessible commercial lot in a thriving Texas community. The property's location and high traffic count make it ideal for a wide range of commercial ventures. Don't miss this opportunity to secure a piece of Lufkin's bustling commercial landscape.

Property profile
Verified
Property type Land
Lot 1.36 ac (59,372 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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