Property summary
This exceptional 1.65-acre commercial land parcel in Lufkin, Texas, presents a remarkable investment opportunity. Located at 3729 S Medford Dr, 75901, this property boasts a highly desirable location, offering excellent visibility from Loop 287. The lot is zoned C - Commercial, allowing for a wide range of business ventures. A significant advantage is the existing concrete paved lot, eliminating the need for costly site preparation. The property's strategic placement is further enhanced by its proximity to numerous restaurants and hotels currently under development on adjacent vacant lots, promising increased foot traffic and business synergy. With ample parking for 20 vehicles, this property is ready for immediate development. The asking price of $299,000 reflects a compelling value proposition in a rapidly growing area. Angelina County's thriving business environment makes this a prime location for entrepreneurs and investors seeking a strong return on investment. Don't miss this chance to secure a highly visible and well-situated commercial property in a prime Lufkin location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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