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2107 Martin Luther King Jr Blvd 25.39 Acres of Commercial Land Offered at $1,844,010 CAD in Lufkin, TX 75904

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INVESTMENT HIGHLIGHTS

  • Traffic count in 2023 of 14,547.
  • Access to two major crossroads and four contiguous lots totaling 25.395 Acres.
  • Commercial General so endless possibilities: Aerospace & Military Defense, Food Processing, Forest Products, Manufacturing and Medical.

EXECUTIVE SUMMARY

BRING ALL OFFERS. Seller is going to relocate and not going to build.
I also have Appraisal dated 2.26.25 willing to provide to serious buyer upon request.
Sale consists of Four Adjoining Lots: Please see attached virtual tour.
ID# ACREAGE: ADDRESS:
22296 14.601 2509 MARTIN LUTHER KING JR. BLVD
22298 6.790 2107 MARTIN LUTHER KING JR. BLVD
77096 2.679 0 MARTIN LUTHER KING JR. BLVD
77098 1.325 0 MARTIN LUTHER KING JR. BLVD
25.395 Acres with 2023 estimated daily traffic counts of 14,547 on US Highway 69 in front of property.
Centrally located from the city of Lufkin Zoo at US Highway 69 and Martin Luther King Jr. Blvd. Lufkin, Texas Economic Development downtown boast daily traffic counts of 30,000; Labor Force of 145,00 and projected $546 Million in 2018-2022 Capital Investments. Lufkin is designated a Foreign Trade Zone! Lufkin will be served by the extension to Interstate Highway 69, which is planned to run from the Canada-US Border and port Juron, Michigan to the Texas/Mexico Border. The Angelina and Neches River Railroad runs through Lufkin and connects to the Union Pacific Railroad lines. Lufkin is served by two hospitals- Chi St. Luke’s Health Memorial- which includes the Arthur Temple Sr. Regional Cancer Center and the Woodland Heights Medical Center. Lufkin, Texas has five core industries present that include: Forest Products, Aerospace & Military Defense, Manufacturing, Food Products and Medical. Aerospace & Military Defense: (World-renowned global security and aerospace company Lockheed Martin employs more than 250 people in Lufkin) Medical: (Award-winning healthcare institutions- including one of the nation’s premier Cardiac Hospitals- serves 14 counties, and provides cutting edge medical technology) Food Products: (Pilgrim’s Pride, Holmes Steakhouse, and Atkinson Candy Company are produced in Lufkin)

PROPERTY FACTS

Price $1,844,010 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Mixed Use
  • Apartment Units
  • Baseball Field
  • Cement or Gravel Plant
  • Distribution
  • Food Processing
  • Golf Course or Driving Range
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Medical
  • Neighbourhood Centre
  • Outlet Centre
  • Research and Development
  • Truck Stop
  • Truck Terminal
  • Warehouse
  • Amusement Park
Total Lot Size 25.39 AC
Opportunity Zone Yes
Zoning Commercial - See virtual tour of 25.395 acres play on virtual link: https://app.frame.io/presentations/ff5f7404-9bfe-4095-b4f9-dd69b8e7bd3a Bring ALL Offers.

1 LOT AVAILABLE

Lot

Price $1,844,010 CAD
Price Per AC $72,627.43 CAD
Lot Size 25.39 AC

Sale consists of Four Adjoining Lots: 22296 14.601 Acres 2509 MARTIN LUTHER KING JR. BLVD 22298 6.790 Acres 2107 MARTIN LUTHER KING JR. BLVD 77096 2.679 Acres 0 MARTIN LUTHER KING JR. BLVD 77098 1.325 Acres

DESCRIPTION

Sale consists of Four Adjoining Lots: ID# ACREAGE: ADDRESS: 22296 14.601 2509 MARTIN LUTHER KING JR. BLVD 22298 6.790 2107 MARTIN LUTHER KING JR. BLVD 77096 2.679 0 MARTIN LUTHER KING JR. BLVD 77098 1.325 0 MARTIN LUTHER KING JR. BLVD 25.395 Acres with 2023 estimated daily traffic counts of 14,547 on US Highway 69 in front of property. Bring ALL Offers. Seller is going to relocate. I also have Appraisal dated 2.26.25 willing to provide to serious buyer upon request. Centrally located from the city of Lufkin Zoo at US Highway 69 and Martin Luther King Jr. Blvd. Lufkin, Texas Economic Development downtown boast daily traffic counts of 30,000; Labor Force of 145,00 and projected $546 Million in 2018-2022 Capital Investments. Lufkin is designated a Foreign Trade Zone! Lufkin will be served by the extension to Interstate Highway 69, which is planned to run from the Canada-US Border and port Juron, Michigan to the Texas/Mexico Border. The Angelina and Neches River Railroad runs through Lufkin and connects to the Union Pacific Railroad lines. Lufkin is served by two hospitals- Chi St. Luke’s Health Memorial- which includes the Arthur Temple Sr. Regional Cancer Center and the Woodland Heights Medical Center. Lufkin, Texas has five core industries present that include: Forest Products, Aerospace & Military Defense, Manufacturing, Food Products and Medical. Aerospace & Military Defense: (World-renowned global security and aerospace company Lockheed Martin employs more than 250 people in Lufkin) Medical: (Award-winning healthcare institutions- including one of the nation’s premier Cardiac Hospitals- serves 14 counties, and provides cutting edge medical technology) Food Products: (Pilgrim’s Pride, Holmes Steakhouse, and Atkinson Candy Company are produced in Lufkin)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22298
  • 77098
  • 22296
  • 77096
Land Assessment
$1,729,474 CAD
Improvements Assessment
$30,359 CAD
Total Assessment
$1,759,833 CAD
  • Listing ID: 34262854

  • Date on Market: 2024-12-21

  • Last Updated:

  • Address: 2107 Martin Luther King Jr Blvd, Lufkin, TX 75904

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