1112 Timberland DrLufkin, TX 75901

Property Details for 1112 Timberland Dr

Year built

1958

Lot size

1.16 AC

Property size (Sq ft)

10,176 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

3980-008F-003-005-00

APU

3980008F00300500

Description

This exceptional 1,957-square-foot commercial property, located at 1112 S Timberland Dr in Lufkin, Texas, presents a significant opportunity for retail or restaurant businesses. The entire space is currently vacant, offering a blank canvas for a new tenant to customize to their specific needs. Situated in Angelina County, this single-tenant building provides ample space for a variety of uses. The property's address is 1112 S Timberland Dr, Lufkin, TX 75901, offering convenient access for customers and employees. With a total building area of 1,957 square feet, the space is ideal for businesses seeking a prominent location in a thriving community. The property type is classified as Retail and Restaurant, making it suitable for a wide range of commercial ventures. The property's geographic coordinates are 31.3255049 latitude and -94.7263583 longitude. This is a single-tenant occupancy property, providing a unique opportunity for a business to establish a strong presence in the Lufkin market. The property is ready for immediate occupancy. Serious inquiries are encouraged to explore this promising commercial real estate investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,177,333

  6.5%

  $2,932,923

  7%

  $2,723,428

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,516,794

  Geo Method

  $7,159,492

• Alternative Use

  Use

  Valuation

  Residential

  $3,201,900

  Hospitality

  $2,932,923

  Educational

  $2,440,157

  Medical

  $2,524,078

  Retail

  $3,795,800

Location Insight

City

Lufkin

County

Angelina

State

Texas

Latitude

31.3499

Longitude

-94.7203

CBSA code

31260

CBSA name

LUFKIN, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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