101 S John Redditt Dr Lufkin, TX 75904
For Sale
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This exceptional 8,066-square-foot medical office building, constructed in 2016, is situated on a 1.12-acre lot in Lufkin, Texas, at 101 S John Redditt Dr, zip code 75904. The property boasts a convenient location less than a mile from Woodland Heights Medical Center and St. Luke's Health Hospital, placing it squarely within Lufkin's medical corridor. Zoned C, this single-tenant building is offered at $3,950,000, translating to $489.71 per square foot. The property features a Net Net Net (NNN) lease structure, making it an attractive owner-user investment opportunity. Previously operating as an emergency center, the building is move-in ready and adaptable to a variety of medical practices and specialties. Its strategic location offers excellent visibility and accessibility, with ample dedicated parking and convenient access to Highways 287 and 94. The property is ambulance accessible, a key feature for emergency services or related medical uses. This turnkey facility presents a rare opportunity to acquire a well-positioned, high-quality medical office building in a thriving healthcare market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.