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5569 E State Highway 103 24,175 SF 100% Leased Retail Building Lufkin, TX 75901 $1,692,512 CAD ($70.01 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Steel roof
  • Plenty of storage

EXECUTIVE SUMMARY

Property is about 18 acres. Location has 5 buildings on site. Would be an excellent location for oil field lay down yard or oil field repair. For sale $1,250,000. May consider for lease or owner finance with substantial down payment.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,175 SF
Building Class
C
Year Built
1969
Price
$1,692,512 CAD
Price Per SF
$70.01 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
16.16 AC
Opportunity Zone
Yes

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
472
4,462
20,451
50,030
2029 Population
478
4,491
20,606
50,441
2024-2029 Projected Population Growth
1.3%
0.7%
0.8%
0.8%
Median Age
40.3
38.8
37.9
37.3
College Degree + Higher
9%
9%
12%
12%
Daytime Employees
74
1,403
10,480
34,874
Total Businesses
12
97
1,245
3,486
Average Household Income
$64,066
$60,602
$55,647
$69,674
Median Household Income
$49,210
$48,907
$45,772
$51,379
Total Consumer Spending
$4.8M
$43.8M
$184.5M
$490.7M
2024 Households
175
1,611
7,302
18,949
Average Home Value
$221,077
$197,933
$159,048
$209,743
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26707
Land Assessment
$171,391 CAD
Improvements Assessment
$381,140 CAD
Total Assessment
$552,531 CAD
  • Listing ID: 28940670

  • Date on Market: 2023-07-07

  • Last Updated:

  • Address: 5569 E State Highway 103, Lufkin, TX 75901

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