1608 1St St, Lufkin, TX 75901
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.