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Property profile & analytics

1612 Chestnut St Lufkin, TX 75901

  • Commercial real estate
  • 3.34 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1612 Chestnut St

Lot size
3.34 lot acres
Property type
Commercial real estate

Description

This exceptional 3.34-acre commercial lot presents a remarkable investment opportunity in Lufkin, Texas. Its strategic location on South Chestnut Street, directly across from the Chamber of Commerce, ensures unparalleled visibility and accessibility. The property boasts a high traffic count, with the Texas Department of Transportation reporting an Annual Average Daily Traffic (AADT) of 7,921 vehicles in 2023. This significant traffic volume translates to exceptional exposure for any business. The land itself is level and easily developed, minimizing site preparation costs. Its proximity to Loop 287 provides convenient access to major transportation routes, enhancing its appeal to a wide range of potential businesses. This prime location offers significant potential for a variety of commercial ventures, making it an ideal investment for those seeking high visibility and strong traffic flow. The property's size and location make it suitable for a range of developments, from retail spaces to office buildings or other commercial uses. The asking price of $248,000 represents a compelling opportunity to acquire a highly desirable commercial property in a thriving area. Don't miss this chance to secure a piece of Lufkin's commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lufkin
County
Angelina
State
Texas
Longitude
-94.7118
Latitude
31.317
More about this property
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