0 Farm-To-Market 841, Lufkin, TX 75901
This exceptional 38.34-acre commercial land parcel presents a rare development opportunity within Lufkin's city limits. Boasting triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive, this property enjoys excellent access and visibility, situated mere seconds from the US 59 Loop/S Medford Dr. (38,536 AADT). Its strategic location offers proximity to schools, shopping centers, and major employers, including Georgia Pacific, Lockheed Martin, Pilgrim's Pride, Brookshire Brothers, and West Fraser Timber Company. Currently zoned for residential use, this site was previously platted for 124 lots, and the possibility of infrastructure cost sharing with the City of Lufkin has been explored. Existing infrastructure includes an 8-inch water line along FM 841 and Valley Avenue, along with 6-inch sewer lines on both roadways, and an additional 8-inch sewer line traversing the property. Offsite detention is readily available, and all city utilities are accessible. The property's location and zoning make it ideally suited for residential development, capitalizing on Lufkin's strong economy, low crime rate, and high quality of life. Within a 5-mile radius, the total population exceeds 18,000, with an average household income exceeding $69,912. This presents a compelling investment opportunity for developers seeking a prime location in a thriving Texas community. Don't miss this chance to acquire a significant land holding in a rapidly growing area. The asking price is $1,949,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.