1507 1St StLufkin, TX 75901

  • Industrial properties
  • 3,587 SF
For Lease
$23.45/SF/YR View listing

Property Details for 1507 1St St

Year built
1955
Lot size
0.24 AC
Property size (Sq ft)
3,587 SF
Property type
Industrial properties
Property subtype
Distribution centers
APN
4285-385-004-005-02
APU
428538500400502

Description

This exceptional 4,350-square-foot retail building, situated on a spacious 1.87-acre lot in Lufkin, Texas, presents a remarkable turnkey opportunity. Completely remodeled in 2022, this single-tenant property boasts significant recent capital improvements exceeding $1.1 million. The building, constructed in 2004, is zoned C and ideally suited for automotive-related retail businesses, given its integrated garage/bay space. The property's prime location at 1507 S First St, Lufkin, TX 75901, offers excellent visibility and accessibility. This is a rare chance to acquire a fully renovated, modern retail space with ample land, ready for immediate occupancy. The property's extensive renovation ensures a move-in ready condition, minimizing upfront costs and maximizing immediate return on investment. The substantial lot size provides ample room for expansion, additional parking, or outdoor display areas, catering to a variety of business needs. This property is an excellent investment for entrepreneurs seeking a well-maintained, strategically located retail space in a thriving Texas market. The property's recent upgrades and prime location make it a highly desirable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,128,657
    Hospitality
    $1,033,844
    Educational
    $860,146
    Medical
    $889,728
    Retail
    $1,338,005
1507 1St St, Lufkin, Texas

Location Insight

City
Lufkin
County
Angelina
State
Texas
Latitude
31.3533
Longitude
-94.7212
CBSA code
31260
CBSA name
LUFKIN, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$546
$11,680
$15,800
$27,480
-
$11,680
$15,800
$27,480

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