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    OFF-MARKET
    Land

    108 Miles Way, Lufkin, TX 75901

    3.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.146-acre commercial land parcel in Lufkin, Texas, presents a remarkable investment opportunity. Located at 108 Miles Way, Angelina County, zip code 75901, this property boasts unparalleled visibility from Loop 287, with a documented traffic count of 44,278 vehicles. Its strategic location offers significant advantages for businesses seeking high exposure. The land is zoned C - Commercial, allowing for a wide range of development possibilities. The asking price is $685,199, translating to $217,800 per acre, reflecting the property's prime location and development potential. A significant benefit is the existing retention pond, saving considerable time and expense in site preparation. The property's convenient adjacency to established businesses such as Chili's and Freddy's further enhances its appeal. Essential utilities, including water and sewer, are readily available, simplifying the development process. This property is ideal for businesses seeking high visibility and convenient access to a busy thoroughfare. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Texas market.

    Property profile
    Verified
    Property type Land
    Lot 3.15 ac (137,040 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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