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    OFF-MARKET
    Land

    2121 1St St, Lufkin, TX 75901

    8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8-acre commercial land parcel presents a remarkable development opportunity in Lufkin, Texas. Strategically located along US Highway 59 near the intersection with Loop 287 (S John Redditt Drive), this property boasts approximately 325 feet of frontage on US 59 and over 775 feet on Tulane Avenue, ensuring exceptional visibility and accessibility. The site is zoned for commercial use and offers the flexibility of division into smaller, approximately 1-acre pad sites along US 59 Frontage Road, or it can be developed as a larger tract fronting Tulane Drive. This prime location is situated within a thriving retail corridor, close to major businesses including Lufkin Mall, Ross Dress for Less, Michaels, Chick-fil-A, Ulta, PetSmart, The Home Depot, Walmart, Sam's Club, Raising Cane's, and Academy. US 59 serves as a primary route connecting Houston with East Texas and Louisiana, placing this property within a regional business and medical hub. The asking price is $2,450,000, with a land value of $7 per square foot. The property's Angelina County tax parcel numbers are CAD 14232, 144233, and 144234. This is an unparalleled chance to capitalize on the high traffic volume and strong commercial presence of this established area. Don't miss this opportunity to secure a prime piece of Lufkin real estate.

    Property profile
    Verified
    Property type Land
    Lot 8 ac (348,480 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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