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R17049 Hwy 59 Lufkin, TX 75901

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

Property summary

AI-generated overview

This exceptional 2.46-acre unrestricted land parcel presents a unique investment opportunity in Lufkin, Texas. Strategically located on Highway 59 North (future I-69), this property boasts significant frontage on both Highway 59 and Old Highway 59, ensuring high visibility and convenient access. The wooded acreage offers a blend of privacy and prime exposure, ideal for a variety of uses. Currently zoned for agricultural purposes, the land presents endless possibilities for residential development or commercial ventures, given its unrestricted nature. The asking price is $61,500. Detailed directions from Lufkin: Take Hwy 59 North, pass Love's, utilize the turnaround at Rivercrest Road to head south on Hwy 59

Property profile

Verified
Property type Land
Lot 2.46 ac (107,158 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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