1321 John Redditt DrLufkin, TX 75904
- Commercial real estate
- 1,976 SF
Property Details for 1321 John Redditt Dr
- Year built
- 1993
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 1,976 SF
- Property type
- Commercial real estate
- APN
- 6310-351-002-005-00
- APU
- 631035100200500
Description
This exceptional 1,715 square foot mixed-use office building, located at 1321 S John Redditt Dr, Lufkin, TX 75904, presents a rare investment opportunity. The property sits on a 0.34-acre lot and is currently generating a stable income stream. The building is categorized as Executive, Medical, and Traditional Office space, offering versatility and potential for diverse uses. Priced at $800,000, this translates to a price per square foot of $466.47. A hearing aid office currently occupies the entire building, providing a consistent monthly rental income of $2,750. The opportunity exists to purchase both the building and the established business currently operating within. This high-traffic location in Angelina County, Texas, ensures strong visibility and potential for future growth. Detailed financial information regarding the existing business is available upon request. This property offers a unique blend of immediate income generation and long-term investment potential. Serious inquiries are encouraged to explore this lucrative opportunity further.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $621,752
- Hospitality
- $569,522
- Educational
- $473,836
- Medical
- $490,132
- Retail
- $737,078
Location Insight
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Latitude
- 31.3164
- Longitude
- -94.7509
- CBSA code
- 31260
- CBSA name
- LUFKIN, TX MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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