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108 Miles Way Lufkin, TX 75901

OFF-MARKET Land Google Maps
5.34 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5.34-acre commercial land parcel in Lufkin, Texas, presents a prime investment opportunity. Located at 108 Miles Way, this property boasts excellent visibility from Loop 287, a major thoroughfare with a documented 44,278 daily traffic count. Its strategic location offers significant advantages, situated adjacent to a Home Depot and directly across the street from Chili's and Freddy's, ensuring high foot traffic and brand recognition. The property is zoned C - Commercial, allowing for a wide range of development possibilities. The land itself is priced at $217,799 per acre, with a total asking price of $1,163,050. An existing retention pond is already in place, simplifying site development and reducing upfront costs. This property is ideal for businesses seeking high visibility and convenient access to a substantial customer base in a thriving retail corridor within Angelina County, Texas, zip code 75901. The property's location offers unparalleled exposure and accessibility, making it an attractive proposition for a variety of commercial ventures. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 5.34 ac (232,610 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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