401 N Lhs Dr Lumberton, TX 77657
For Sale
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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.
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.