Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 6.03-acre land parcel located in Lufkin, Texas. This exclusive opportunity includes an office, partially paved surface, as well as undeveloped acreage offering a variety of development opportunities for investors. Currently situated on the property is a propane dealer and U-Haul location, which will not remain as tenants but could be purchased with the property separately. The U-Haul dealership generated almost $17,000 in U-Move commissions year-to-date as of June 2024. Located on North Timberland Drive in Lufkin, the property benefits from an average daily traffic count of 9,570 vehicles. Available utilities on the property include electricity, water and sewer. Lufkin, Texas is the county seat of Angelica County and is nestled in East Texas between Angelica County and Angelica National Forest. Lufkin is approximately 120 miles north of Houston and serves as a medical and retail hub for the surrounding 14 counties (Lufkin Economic Development). The population within a three-mile radius of the property is 25,643 with 8,962 households. Lufkin offers a diverse economy with lumber manufacturing, aerospace manufacturing, healthcare and food manufacturing. Major employers near the subject property include Pilgrim's Pride, Brookshire Brothers and city and county municipal offices.