311 Timberland DrLufkin, TX 75901

Property Details for 311 Timberland Dr

Year built

1984

Lot size

1.13 AC

Property size (Sq ft)

11,210 SF

Property type

Commercial real estate

APN

0040-391-008-003-00

APU

4039100800300

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $3,527,250

  Hospitality

  $3,230,942

  Educational

  $2,688,106

  Medical

  $2,780,554

  Retail

  $4,181,498

Location Insight

City

Lufkin

County

Angelina

State

Texas

Latitude

31.3318

Longitude

-94.7205

CBSA code

31260

CBSA name

LUFKIN, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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