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Property profile & analytics
FOR SALE
Commercial real estate

311 S Timberland Dr Lufkin, TX 75901

11,210 SF 1.13 ac lot Built 1984
Individually Owned Absentee Owner Free & Clear
Property ID
US82-7077472
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire a thriving car wash business and its underlying real estate. Located in downtown Lufkin, Texas, at 311 S Timberland Dr, 75901, this Class A property boasts a 1.26-acre lot and a 7,409 square foot building constructed in 2000. The property features two buildings, each one story, and is zoned for commercial use. With an asking price of $2,500,000 ($337.43/sq ft), this represents a compelling investment for an owner-user. The property enjoys a high-traffic location, with an average daily count of 17,862 cars, and is situated near several national retailers including Burger King, KFC, Starbucks, and more. The vacant property is available for occupancy on November 1, 2024. This presents a rare chance to own a resilient, essential business with significant tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for accelerated depreciation. The large lot size and prime location make this an irreplaceable asset in a strong retail trade area with easy access to State Highway Loop 287.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 11,210 SF
Lot 1.13 ac (49,005 SF)
APN 0040-391-008-003-00
UPID US82-7077472
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
Current use
Occupant on record · Public records
  • Excel Car Wash Car Wash
  • Express Detail Center Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$785k
Blend (final) Blend
$725k
Owner & transaction history
JACK DE BLAEY
JACK DE BLAEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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