344 Lhs Dr Lumberton, TX 77657-8621
This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Lumberton, Texas. Located at 344 N LHS Dr, this property boasts a highly desirable location just north of Walmart on Highway 69, a major thoroughfare ensuring high visibility and accessibility. The lot features two existing driveways, grandfathered in by the Texas Department of Transportation (TXDOT), providing convenient access and flexibility for development. The property is situated adjacent to the upcoming Rickenjaks Restaurant, further enhancing its commercial potential. This fast-growing area offers endless possibilities for a variety of businesses. The expansive 2-acre lot is ideal for new construction, providing ample space for a substantial building or multiple smaller structures. Mature oak trees add to the aesthetic appeal and provide a touch of natural beauty. The Hardin County location, with its zip code 77657, offers easy access to major transportation routes and a thriving community. This land is zoned for commercial use and represents a rare opportunity to establish a presence in a rapidly developing area of Texas. The asking price is $384,000. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.