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Property profile & analytics
OFF-MARKET
Commercial real estate

1612 Chestnut St Lufkin, TX 75901

3.34 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 3.34 ac (145,490 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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