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    OFF-MARKET
    Retail properties & Spaces

    1608 1St St, Lufkin, TX 75901

    3,324 SF 15.18 ac lot Built 1977
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15.18-acre commercial property, located at 1608 South First Street in Lufkin, Texas, presents a unique investment opportunity. The 3,324 square foot retail building, constructed in 1977, sits vacant and ready for immediate occupancy. The property boasts approximately 700 feet of frontage, ensuring high visibility and accessibility. Zoned for commercial use, approximately 9 acres of the land are specifically designated for commercial development. The property's rich history includes previous ownership by a well-known Lufkin doctor, establishing it as a local landmark. Beyond the main retail building, the expansive lot includes additional features such as an inground pool, storage buildings, and a historic log home. The property is bordered by stone walls and features elaborate landscaping with potential for restoration. Multiple street access points enhance convenience and accessibility. This versatile property offers significant potential for a variety of commercial uses, capitalizing on its prime location within Lufkin's business district and its substantial size. The Angelina County location, with a 75901 zip code, provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a substantial, centrally located property with significant development potential. The asking price is $1,380,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1977
    Total area 3,324 SF
    Lot 15.18 ac (661,241 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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