214 Timberland DrLufkin, TX 75901
- Retail properties
- 2,680 SF
Property Details for 214 Timberland Dr
- Year built
- 1984
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 2,680 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 3800-388-037-006-03
- APU
- 380038803700603
Description
This exceptional 2,633 square foot restaurant space presents a unique opportunity for a savvy investor or restaurateur. Situated at 214 S Timberland Drive in Lufkin, Texas, this single-tenant property boasts a highly desirable location on one of the city's busiest thoroughfares. The building is a second-generation restaurant, offering a ready-to-use space with existing infrastructure. Its prime location ensures high visibility and accessibility, enhanced by excellent signage opportunities. The property benefits from its proximity to a strong concentration of well-established national and regional retailers, including Dunkin' Donuts, Starbucks, KFC, Brookshire Brothers, and HEB, creating a vibrant and high-traffic commercial environment. This strategic positioning within the heart of Lufkin guarantees significant foot traffic and drive-by visibility, making it an ideal location for a thriving restaurant business. The property is located in Angelina County, Texas, with a zip code of 75901. This turnkey opportunity is ready for immediate occupancy and presents a compelling investment prospect for those seeking a well-positioned restaurant space in a thriving Texas market. The property's size and location make it suitable for a variety of restaurant concepts.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,082,987
- 6.5%
- $999,680
- 7%
- $928,274
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,275,618
- Geo Method
- $2,021,960
-
Alternative Use
- Use
- Valuation
- Residential
- $843,268
- Hospitality
- $772,429
- Educational
- $642,652
- Medical
- $664,753
- Retail
- $999,680
Location Insight
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Latitude
- 31.3337
- Longitude
- -94.7206
- 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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