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.
| MLS # | 65102897 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse,industrial,commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 664 |
| Listing Provided By | GANN MEDFORD Real Estate, Inc. | Ben Moore |
| SQ Feet | 7,500 |
|---|---|
| Zoning | Luf |
| Acreage | 1.11 |
| State | TX |
|---|---|
| City | Lufkin |
| Zip Code | 75904 |
| Area | Angelina |
| Listing VS Median (in 75904) | |
Price: $700,000 low | high Med: $250,000 sqft: 7,500 low | high Med: 2,975 $ / sqft: $93 low | high Med: $84 On site: 664 low | high Med: 258 | |
| State | TX |
|---|---|
| City | Lufkin |
| Zip Code | 75904 |
| Area | Angelina |
| Listing VS Median (in 75904) | |
Price: $700,000 low | high Med: $250,000 sqft: 7,500 low | high Med: 2,975 $ / sqft: $93 low | high Med: $84 On site: 664 low | high Med: 258 | |