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    OFF-MARKET
    Land

    108 Miles Way, Lufkin, TX 75901

    2.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.194-acre commercial land parcel in Lufkin, Texas, presents a prime investment opportunity. Located at 108 Miles Way, 75901, this property boasts excellent visibility from Loop 287, enjoying a high traffic count of 44,278 vehicles. Its strategic location places it directly adjacent to a Home Depot, ensuring high foot traffic and brand recognition benefits. The property is zoned C - Commercial, allowing for a wide range of development possibilities. The asking price is $477,853, translating to $217,799 per acre. A significant advantage is the presence of a pre-installed retention pond, reducing development costs and complexities. Essential utilities, including water and sewer, are readily available, simplifying the construction process. Angelina County's thriving business environment and the property's prime location make this a compelling investment for both short-term and long-term growth. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a rapidly developing area. Don't miss out on this chance to secure a piece of Lufkin's commercial real estate landscape.

    Property profile
    Verified
    Property type Land
    Lot 2.19 ac (95,571 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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