3032 Eastman RdLongview, TX 75605

Property Details for 3032 Eastman Rd

Lot size

0.93 AC

Property size (Sq ft)

7,101 SF

Property type

Other commercial real estate

APN

3039000001-009-00-02

APU

30390000010090002

Description

This exceptional 2016-constructed medical office building, located at 3032 N Eastman Rd, Longview, Texas 75605, presents a compelling investment opportunity. Boasting a strong 8.33% capitalization rate and a net operating income (NOI) of $164,531, this property offers significant financial returns. The asking price is $1,975,000. Currently occupied by two tenants (details available upon request), the building benefits from excellent visibility and ample parking. Situated in a rapidly growing area along Highway 259, near developing retail centers, this location ensures high traffic and strong tenant demand. The property's strategic placement within Gregg County, Texas, provides easy access to a substantial patient base. This is an ideal investment for those seeking a stable, high-performing asset in a thriving market. The building's modern construction and desirable location combine to create a truly exceptional investment opportunity. Further details regarding the tenants and financial proforma are available upon request. Don't miss this chance to acquire a high-yield medical office building in a prime Longview location.

• Alternative Use

  Use

  Valuation

  Residential

  $1,789,983

  Hospitality

  $1,639,614

  Educational

  $1,364,140

  Medical

  $1,411,055

  Retail

  $2,121,996

Location Insight

City

Longview

County

Gregg

State

Texas

Latitude

32.542

Longitude

-94.7246

CBSA code

30980

CBSA name

LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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