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Property profile & analytics
OFF-MARKET
Land

2401 Us-69 Lufkin, TX 75904

5.53 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 5.53 ac (240,887 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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Comparable Approach Comparable
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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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