461 Lhs Dr Lumberton, TX 77657-8646
This exceptional 2.82-acre commercial lot boasts 355 feet of frontage on Highway 69-287/N LHS Drive in Lumberton, Texas. Its prime corner location at the intersection of Highway 69 and Westgate Lane offers unparalleled visibility and accessibility. Situated next to a Dollar General and surrounded by other thriving commercial businesses, this property benefits from high traffic counts and a strong customer base. The expansive lot size is suitable for a variety of commercial uses, including small retail stores, professional offices, or quick-service restaurants. Its strategic location places it within close proximity to major retailers such as Starbucks and Walmart, further enhancing its appeal and potential for success. The property's APN is 006159-000010 and is located in Hardin County, Texas, zip code 77657. The asking price for this exceptional opportunity is $750,000. This is a rare chance to acquire a highly visible and versatile commercial lot in a rapidly growing area.
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
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Property description
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Risks
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