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2700 Ford Chapel - 38 Acres | FM 841

38 Acres of Commercial Land Offered at £1,524,995 in Lufkin, TX 75901

Property Facts

Price £1,524,995
Sale Type Investment
Sale Conditions Short Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 38.00 AC

1 Lot Available

Lot

Price £1,524,995
Price Per AC £40,131
Lot Size 38.00 AC

Gently sloping, heavily wooded tract. Floodplain abuts the tract in two small areas - see Topography Map herein.

Description

Rare Development Opportunity in the City of Lufkin! One of the few large acreage tracts remaining inside the Lufkin City Loop, this 38+ acre property has great access with triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive. Only seconds from the US 59 Loop/S Medford Dr. (38,536 AADT). This site is close to schools, shopping, and major employers, making it an ideal location for residential development. Current residential zoning with an 8” water line along FM 841 and Valley Ave, as well as 6” sewer on both FM 841/Valley Ave., and an additional 8” sewer line running through the property. It was previously platted for 124 residential lots and an infrastructure cost share was discussed with the City of Lufkin. All city utilities are available with offsite detention nearby. Do not miss this opportunity! Contact us today! PROPERTY FEATURES • 38+ acres inside the Lufkin City Loop close to schools, shopping, and major employers. • Great access with triple frontage on FM 841 (Ford Chapel Rd), Valley Avenue, and Whippoorwill Drive. Only seconds from the US 59 Loop/S Medford Dr. (38,536 AADT) • 8” water line along FM 841 and Valley Ave, as well as 6” sewer lines on both FM 841/Valley Ave, and an additional 8” sewer line running through the property. • Previously platted for 124 residential lots with an opportunity for an infrastructure cost share. • Location and zoning make it a great candidate for Residential Development. • Offsite detention nearby and with all city utilities. • Do not miss this opportunity. Contact us today! MARKET HIGHLIGHTS The charming City of Lufkin offers a high quality of life, a strong economy, low crime, and a low cost of living. Close to major employers such as Georgia Pacific, Lockheed Martin, Pilgrim’s Pride, Brookshire Brothers, and West Fraser Timber Company. It also has good access to education (Lufkin ISD/Angelina College/Texas Bible College) as well as state-of-the-art medical facilities (CHI/St. Luke’s Memorial Hospital). Lufkin offers many recreational activities such as the Ellen Trout Zoo, Texas Forestry Museum, golfing, hiking, and fishing. Demographics 1 Mile 3 Mile 5 Mile Total Population 2022 3,718 21,472 18,121 Total Daytime Population 3,867 27,909 22,197 Average HH Income $57,126 $55,136 $69,912 *Demographic data derived from 2022 STDB

  • Listing ID: 28794581

  • Date on Market: 19/06/2023

  • Last Updated:

  • Address: 2700 Ford Chapel, Lufkin, TX 75901

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