1608 John Redditt Drive Lufkin TX 75904
$700,000
Lufkin, TX 75904
- 1 Acres
- 2 Baths
Description
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.
Key Features
- Property Type Commercial Sale
- Acres 1 Acres
- Zoning Commercial Sale
- Utilities Public Water Meter,Sewer Tap,Phone Available,Natural Gas Available
- Improvements Call for more info
- Minerals Call for more info
- Water Call for more info
Features
List Price:
$700,000
Building Size:
n/a
Type/Style:
Area:
Lufkin Schools
Year Built:
1985
Acreage/Lot Size:
1.11
Environmental Status:
n/a
Restrictions:
none
Zoning:
LM - Light Manufacturing
Size of Tract:
1-3 acres
Construction:
Steel Siding
Heating System:
Electric Furnace
Air Conditioning:
Central Electric
Utilities:
Public Water Meter, Sewer Tap, Phone Available, Natural Gas Available
Easements:
None Known
Foundation:
Slab
Roof:
Metal
Topography:
Level
Access:
n/a
Parking Lot/Capacity:
n/a
Handicap Accessible:
n/a
Remarks:
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 Map
Listing #5102897 Courtesy of GANN MEDFORD Real Estate, Inc.
