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Property profile & analytics
OFF-MARKET
Land

0 Main St Lumberton, TX 77657

0.99 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.99-acre commercial pad site is located in Lumberton, Texas, at 0 S Main Street, zip code 77657. Situated in a rapidly growing community, this property boasts high visibility, being located behind Arby's and adjacent to a strip center. The asking price is $280,309, translating to $6.50 per square foot. The property's advantageous location ensures easy access for customers and employees. This land offers significant potential for various commercial ventures, including office buildings or retail establishments. A ground lease option is available for a 25-year term at $2,400 per month. Additionally, a build-to-suit option is available with a 15-year lease term. The 2017 property taxes amounted to $636.26. Please note that the seller will retain a permanent easement for a pole sign to serve an office park. This presents a unique opportunity to establish a thriving business in a high-growth area. The property's average daily traffic count is 25,692. Don't miss this chance to secure a prime location in a thriving Texas community.

Property profile
Verified
Property type Land
Lot 0.99 ac (43,124 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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