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2107 Martin Luther King Jr Blvd
25.39 Acres of Commercial Land Offered at £1,193,128 in Lufkin, TX 75904
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
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 | £1,193,128 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 25.39 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | £1,193,128 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 25.39 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | £1,193,128 | Lot Size | 25.39 AC |
Price Per AC | £46,992 |
Price | £1,193,128 |
Price Per AC | £46,992 |
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. 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
Parcel Numbers | Improvements Assessment | £17,261 | |
Land Assessment | £975,573 | Total Assessment | £992,833 |
PROPERTY TAXES
zoning
Zoning Code | Commercial (Commercial General) |
Commercial (Commercial General) |
Presented by
TGA REALTY
2107 Martin Luther King Jr Blvd
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