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    OFF-MARKET
    Land

    3729 Medford Dr, Lufkin, TX 75901

    1.65 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 1.65 ac (71,874 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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