512 2Nd StLufkin, TX 75901

For Sale
$139,900 View listing
  • Commercial real estate
  • 500 SF

Property Details for 512 2Nd St

Year built
1978
Lot size
0.95 AC
Property size (Sq ft)
500 SF
Property type
Commercial real estate
APN
4590-388-003-005-00
APU
459038800300500

Description

This exceptional 0.951-acre commercial lot is ideally situated in the heart of downtown Lufkin, Texas, at 512 2nd Street, zip code 75901. The property, zoned C - Commercial, presents a unique opportunity for developers and investors seeking a blank canvas in a thriving urban environment. The lot boasts a rectangular shape and is already cleared, simplifying the development process. Previously occupied by a bank building, the property is being sold "as is," offering flexibility for future projects. Located in Angelina County, this prime piece of real estate offers unparalleled access to the vibrant downtown Lufkin district, providing excellent visibility and convenient access to local amenities and transportation routes. The asking price is $139,900, translating to an attractive price per acre of $150,000. With its central location and substantial size, this property is poised for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing Texas city. The coordinates for this property are latitude 31.3346222 and longitude -94.7287633.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $157,326
    Hospitality
    $144,110
    Educational
    $119,898
    Medical
    $124,021
    Retail
    $186,507
512 2Nd St, Lufkin, Texas

Location Insight

City
Lufkin
County
Angelina
State
Texas
Latitude
31.3347
Longitude
-94.7288
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
$3,172
$27,490
$34,010
$61,500
-
$27,490
$34,010
$61,500

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