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Property profile & analytics
FOR SALE
Medical Office Space

101 S John Redditt Dr Lufkin, TX 75904

7,592 SF 1.12 ac lot Built 2016
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3571359
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Total area 7,592 SF
Lot 1.12 ac (48,918 SF)
APN 3A134-356-001-002A-00
UPID US83-3571359
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
AI Approach AI
by Request
CAP Approach CAP
$910k
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k
Owner & transaction history
Sarc Draper LLC · 5 yrs held
Sarc Draper LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.3M +52.3%
Commercial (general) $875,000 +3.4%
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