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1608 N John Redditt Dr 7,500 SF Industrial Building Lufkin, TX 75904 $700,000 ($93.33/SF)
INVESTMENT HIGHLIGHTS
- Commercial property!
- Prime Location!
- Excellent investment!
EXECUTIVE SUMMARY
Excellent investment opportunity! Commercial property with 24-month active lease in place. Currently leased to Red Ball Oxygen producing an annual NOI of $45,000. Hard corner with traffic light, high visibility 20K annual average daily traffic count. This prime location works for retail, commercial, or industrial. 7,500 SF facility has showroom, office, and warehouse space all under one roof with access from North John Redditt Dr. and Lotus Lane. Zoned Light Manufacturing. The facility is fenced on three sides with over 18,000 SF of concrete paving behind a fence. Ample parking and plenty of opportunities for future investors. Listing agent must accompany on showing with 24 hours' notice.
PROPERTY FACTS
AMENITIES
- Reception
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 29131 | Improvements Assessment | $177,820 |
| Land Assessment | $142,640 | Total Assessment | $320,460 |
PROPERTY TAXES
Parcel Number
29131
Land Assessment
$142,640
Improvements Assessment
$177,820
Total Assessment
$320,460
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1608 N John Redditt Dr
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