1507 S 1st St | Lufkin, TX 75901
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- LoopNet Team
1507 S 1st St
Lufkin, TX 75901
2 Acre Commercial/Automotive Land · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Lufkin 1.87 Acre Lot Turnkey Opportunity, $1.1MM Spent on Capital Expenditures
- Spacious Parking lot Resealed With Room for About 75 Cars
- Located in an Extremely Dense Retail Corridor With Various Big Box Tenants, Schools, and Apartments Within 2 Miles Creating Customer Traffic
- 2022 Complete Building Remodel Inside and Out, Including new Plumbing, Roof, Flooring, Pope Fencing and Automatic Gate Operator
- Strong 5-Mile Demographic With 45,000+ Residents
- High Traffic Count Frontage Road With Excellent Visibility Generating 21,000+ Vehicles Passing in Front of Subject Property per day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.87 AC
Zoning
Commercial - Commercial. Has been used as a car dealership for many years.
Parking
75 Spaces (17.24 Spaces per 1,000 SF Leased)
Frontage
93’ on 1ST ST
PROPERTY TAXES
| Parcel Number | 88617 | Improvements Assessment | $568,750 |
| Land Assessment | $127,560 | Total Assessment | $696,310 |
PROPERTY TAXES
Parcel Number
88617
Land Assessment
$127,560
Improvements Assessment
$568,750
Total Assessment
$696,310
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