214 Timberland DrLufkin, TX 75901

  • Retail properties
  • 2,680 SF
For Lease

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
214 Timberland Dr, Lufkin, Texas

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

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
$4,723
$76,630
$150,410
$227,040
-
$76,630
$150,410
$227,040

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