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3729 Medford Dr Lufkin, TX 75901

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

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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