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Property profile & analytics
FOR SALE
Commercial land

121 N Lhs Dr Lumberton, TX 77657

2.72 ac lot
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0037502
Property summary
AI-generated overview

This exceptional 2.722-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Lumberton, Texas. Strategically located on Highway 69, this property enjoys unparalleled visibility and accessibility, situated directly across from a Walmart Supercenter and adjacent to Lumberton High School. The high traffic count ensures significant exposure for any business. Neighboring businesses include a newly constructed First Financial Bank and an L-Train Express car wash, further solidifying the area's commercial strength. The property is currently zoned for commercial use, simplifying the development process. The seller is open to dividing the land, offering flexibility for various development scenarios, from single-tenant occupancy to multi-tenant complexes. This prime location, coupled with its size and zoning, makes this property ideal for a wide range of commercial ventures. The address is 121 N LHS Drive, Lumberton, TX 77657. This is a rare opportunity to acquire a highly visible and desirable commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a location with exceptional potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.72 ac (118,579 SF)
APN 002069-000040
UPID US82-0037502
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
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chad Havens · 6 yrs held
Chad Havens
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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