809 Timberland Dr Lufkin, TX 75901-4880
- Strip malls
- 48,700 SF
- 4.34 lot acres
Current Use by Public Records
- Citi Trends / Clothing Store / Children'S Clothing Store
- Big Lots / Discount Store / Furniture Store
- Klement Investments / Investment Service
Property Details for 809 Timberland Dr
- Year built
- 1969
- Lot size
- 4.34 lot acres
- Property size
- 48,700 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0040-391-025-000-00
- APU
- 4039102500000
Description
This exceptional investment opportunity presents a fully occupied, 48,000-square-foot shopping center situated on a 4.34-acre lot at 809 S. Timberland Dr. in Lufkin, Texas. The property, built in 1969 and renovated in 2005, features a single, one-story building housing two national tenants: Big Lots and Citi Trends. Boasting 100% occupancy, the center benefits from a prime location near the hard-corner intersection of E. Denman Avenue and S. Timberland Dr., providing excellent visibility and accessibility via over 400 feet of frontage on S. Timberland Dr. and access to E. Denman Ave. A large pylon sign ensures high visibility for tenants. The strong tenant mix is complemented by nearby national retailers including HEB, Walgreens, CVS Pharmacy, Dollar Tree, Planet Fitness, Target, and Home Depot. The center's strategic location in the heart of Lufkin, less than a mile from downtown, places it within a thriving retail market. Data indicates robust annual retail expenditures within a 5-mile radius, projected to grow significantly in the coming years, alongside increasing average household income. Lufkin's attractive location, near major forests and Lake Sam Rayburn, further enhances the area's appeal and draws significant tourism. Easy access to major Texas cities like Dallas, Houston, San Antonio, and Waco adds to the property's investment potential. This well-maintained, high-occupancy shopping center represents a compelling investment opportunity in a growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,680,000
- 6.5%
- $1,455,000
- 7%
- $1,445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,480,000
- Geo Method
- $1,835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,415,000
- Retail
- $1,445,000
- Mixed-Use
- $1,385,000
- Hospitality
- $1,470,000
- Educational
- $1,815,000
- Residential Income
- $1,315,000
- Energy
- $1,805,000
- Income-Based Land
- $1,700,000
- Food Service
- $1,480,000
Location Insight
- Map
- Local Demand
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Longitude
- -94.723
- Latitude
- 31.3292
- CBSA code
- 31260
- CBSA name
- LUFKIN, TX MICROPOLITAN STATISTICAL AREA
