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7,500 sqft

$700,000

1608 John Redditt Drive, Lufkin TX, 75904

Price per sqft$93.33
Built in1985
Property size7,500 sqft
Property typeCommercial

Overview

Active

Listed Dec 23, 2024

Updated Aug 12

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.

Additional information

MLS® ID
65102897

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.11 Acres