909 Chestnut StLufkin, TX 75901

For Sale
$590,021 View listing
  • Commercial real estate
  • 22,240 SF

Property Details for 909 Chestnut St

Year built
1950
Lot size
1.54 AC
Property size (Sq ft)
22,240 SF
Property type
Commercial real estate
APN
6435-392-001-040-00
APU
643539200104000

Description

This exceptional 1.54-acre commercial property located at 909 S Chestnut St, Lufkin, TX 75901, presents a unique investment opportunity. The property includes a 1,950 square foot building, previously used as a bowling alley, offering significant redevelopment potential. Situated in Angelina County, this versatile space is ideally suited for a variety of commercial uses. Imagine transforming this established location into a modern warehouse, dynamic office space, or any other commercial venture. The property's prime location offers excellent visibility and accessibility, easily reached from Loop 287 via S. Chestnut Street. The existing building provides a solid foundation for your vision, whether you choose to revitalize a community landmark or create something entirely new. This is a rare chance to acquire a substantial property with immense potential in a thriving Texas community. The asking price is $590,021. The property's zoning and permitted uses should be independently verified. This is a truly unique opportunity to shape the future of this location. Don't miss out on this chance to acquire a significant commercial property in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,997,862
    Hospitality
    $6,410,004
    Educational
    $5,333,048
    Medical
    $5,516,460
    Retail
    $8,295,853
909 Chestnut St, Lufkin, Texas

Location Insight

City
Lufkin
County
Angelina
State
Texas
Latitude
31.3298
Longitude
-94.716
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
$3,974
$67,040
$132,960
$200,000
-
$67,040
$132,960
$200,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].