401 Lhs Dr Lumberton, TX 77657
- Commercial land
- 2.26 lot acres
Current Use by Public Records
- Commercial land
Property Details for 401 Lhs Dr
- Year built
- 2000
- Lot size
- 2.26 lot acres
- Property type
- Commercial land
- APN
- 000002-002368
- APU
- 2002368
Description
This exceptional 2.26-acre commercial land parcel presents a remarkable investment opportunity in Lumberton, Texas. Located at the highly visible, signalized corner of Hwy 69 and Wheeler Road, this C-2 zoned property boasts 350 feet of Hwy 69 frontage and 290 feet along Wheeler Road. The site is strategically positioned north of a Walmart, surrounded by residential development, ensuring high visibility and substantial foot traffic. Four curb cuts are already in place, simplifying development. The property includes 14 parking spaces and comes with a "No Further Action" letter confirming the removal of existing tanks, eliminating potential environmental concerns. This prime location is perfect for a quick-service restaurant (QSR) or financial institution. The property is deed-restricted against fuel sales. The asking price is $1,500,000. The lot's size and location make it potentially divisible, offering further development flexibility. This is the best-lit corner in a rapidly growing city, making it an exceptional opportunity for a discerning investor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lumberton
- County
- Hardin
- State
- Texas
- Longitude
- -94.2269
- Latitude
- 30.272
- CBSA code
- 13140
- CBSA name
- BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA