801 Main StLumberton, TX 77657

Property Details for 801 Main St

Year built

1962

Lot size

24.31 AC

Property size (Sq ft)

57,078 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

003200-000-000300-00000

APU

320000000030000000

Description

This exceptional retail and office opportunity is located at 801 N Main St in Lumberton, Texas, offering a prime location on Highway 96 S. The property comprises three single-story buildings totaling 17,040 square feet, divided into nine suites. Currently, 1,002 square feet of retail space is immediately available, with the potential to lease up to 3,245 contiguous square feet. The minimum leasable space is 1,002 square feet, providing flexibility for various business needs. This multi-tenant property presents a unique chance to establish a presence in a thriving Lumberton commercial district. The lease is a NNN (Net, Net, Net) agreement, and potential move-in incentives may be available. The property's strategic location on Highway 96 S ensures high visibility and accessibility for customers. This is an ideal location for businesses seeking a strong foothold in a busy commercial area. Contact us to discuss leasing options and explore the possibilities of establishing your business in this desirable location within Hardin County. The property offers a blend of retail and office space, making it suitable for a variety of businesses. Don't miss this opportunity to secure your space in this well-positioned commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $19,456,354

  6.5%

  $17,959,712

  7%

  $16,676,875

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,710,358

  Geo Method

  $26,487,302

• Alternative Use

  Use

  Valuation

  Residential

  $17,959,712

  Hospitality

  $16,450,999

  Educational

  $13,687,038

  Medical

  $14,157,756

  Retail

  $21,290,948

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.082

Longitude

-94.0947

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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