10 Medical Ctr Blvd Lufkin, TX 75904-3173
- Medical offices
- 24,920 SF
- 2.60 lot acres
Current Use by Public Records
- Brent Martin / Physician Assistant / Practitioner Service Location
- Texas Spine Care Institute / Doctor
- Texas Spine Care Institute: Hackbarth Mark A MD / Doctor
- Dr. James R. Martin, DO / Doctor
- Koch Rebekah W MD / Psychiatrist
Property Details for 10 Medical Ctr Blvd
- Year built
- 1993
- Lot size
- 2.60 lot acres
- Property size
- 24,920 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 6930-356-001-001-00
- APU
- 693035600100100
Description
This exceptional 24,920-square-foot medical office building, located at 10 Medical Center Blvd, Lufkin, TX 75904, presents a unique investment opportunity. Constructed in 1993, the property is zoned C-Commercial and situated in Angelina County, conveniently located near Gaslight Blvd. The building features three suites, currently fully vacant, offering a total of 24,920 square feet of adaptable space. Suite sizes range from 1,665 to 4,438 square feet, providing flexibility for various medical practices or other compatible businesses. The building's design includes a reception area, multiple treatment rooms, individual offices, and a staff break room/kitchen. One office suite even boasts a private full bathroom. Ample parking is available with 50 spaces. This property offers significant potential for a single tenant or multiple occupants seeking a well-appointed space in a desirable location. The building's size and layout provide a strong foundation for a thriving medical practice or other professional business. The property's strategic location and ample parking make it an attractive option for both patients and employees. This is a rare opportunity to acquire a substantial medical office building in a growing Texas market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $970,000
- 6.5%
- $970,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,130,000
- Geo Method
- $995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,145,000
- Retail
- $1,140,000
- Mixed-Use
- $1,010,000
- Hospitality
- $1,155,000
- Educational
- $1,215,000
- Residential Income
- $1,140,000
- Energy
- $1,095,000
- Income-Based Land
- $915,000
- Food Service
- $1,050,000
Location Insight
- Map
- Local Demand
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Longitude
- -94.7539
- Latitude
- 31.3274
- CBSA code
- 31260
- CBSA name
- LUFKIN, TX MICROPOLITAN STATISTICAL AREA
