This exceptional 2.26-acre commercial land parcel presents a remarkable investment opportunity in Lumberton, Texas. Located at the highly visible, signalized corner of Hwy 69 and Wheeler Road, this C-2 zoned property boasts 350 feet of Hwy 69 frontage and 290 feet along Wheeler Road. The site is strategically positioned north of a Walmart, surrounded by residential development, ensuring high visibility and substantial foot traffic. Four curb cuts are already in place, simplifying development. The property includes 14 parking spaces and comes with a "No Further Action" letter confirming the removal of existing tanks, eliminating potential environmental concerns. This prime location is perfect for a quick-service restaurant (QSR) or financial institution. The property is deed-restricted against fuel sales. The asking price is $1,500,000. The lot's size and location make it potentially divisible, offering further development flexibility. This is the best-lit corner in a rapidly growing city, making it an exceptional opportunity for a discerning investor.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$31,030,988
Hospitality
$28,424,218
Educational
$23,648,616
Medical
$24,461,928
Retail
$36,786,736
Location Insight
City
Lumberton
County
Hardin
State
Texas
Latitude
30.272
Longitude
-94.2269
CBSA code
13140
CBSA name
BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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