For Sale
$2,500,000

311 Timberland DrLufkin, TX 75901

Prime Downtown Location, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional offering presents a unique opportunity to acquire a thriving car wash business and its underlying real estate. Located in downtown Lufkin, Texas, at 311 S Timberland Dr, 75901, this Class A property boasts a 1.26-acre lot and a 7,409 square foot building constructed in 2000. The property features two buildings, each one story, and is zoned for commercial use. With an asking price of $2,500,000 ($337.43/sq ft), this represents a compelling investment for an owner-user. The property enjoys a high-traffic location, with an average daily count of 17,862 cars, and is situated near several national retailers including Burger King, KFC, Starbucks, and more. The vacant property is available for occupancy on November 1, 2024. This presents a rare chance to own a resilient, essential business with significant tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for accelerated depreciation. The large lot size and prime location make this an irreplaceable asset in a strong retail trade area with easy access to State Highway Loop 287.

Highlights

  • Exceptional investment opportunity combining strong business and real estate potential.
  • Significant tax benefits available through accelerated depreciation.
  • Substantial 1.26-acre land parcel.
  • Prime downtown location within a thriving retail corridor.
  • High vehicular traffic counts ensure strong visibility.
  • Business model inherently resistant to e-commerce competition.

Property Details for 311 Timberland Dr

Property type
Specialty properties, Retail properties
Square Feet
7,409 SF
Class
A
Year Built
2000
Buildings
2
Stories
1
Lot Size (sq. ft)
54,886 SF
Units
1

Location Insight

City
Lufkin
County
Angelina
State
Texas
Latitude
31.3318989
Longitude
-94.7206057
311 Timberland Dr, Lufkin, Texas

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311 Timberland Dr
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