2201 Eastman RdLongview, TX 75602
- Commercial real estate
- 7,000 SF
Property Details for 2201 Eastman Rd
- Year built
- 1975
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 7,000 SF
- Property type
- Commercial real estate
- APN
- 6480000679-001-00-02
- APU
- 64800006790010002
Description
This exceptional investment opportunity presents a 7,000 square foot metal warehouse located at 2201 S Eastman Road, Longview, Texas. The property sits on a 0.16-acre lot and is currently leased to Motion Industries. The existing lease has one year remaining, providing immediate rental income of $3250 per month gross. This offers a new owner two distinct options: continue receiving this consistent monthly revenue stream or terminate the lease and occupy the building for their own business needs. The building's substantial size and metal construction suggest durability and adaptability for a wide range of commercial uses. The location in Longview, Texas, offers access to a thriving local market and convenient transportation links. This property represents a compelling investment opportunity with the potential for significant returns, whether through continued rental income or direct occupancy. The asking price is $399,900. Serious inquiries are encouraged to explore this promising commercial real estate asset. The property is zoned for general commercial use. Further details regarding the lease agreement and building specifications are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,764,523
- Hospitality
- $1,616,294
- Educational
- $1,344,737
- Medical
- $1,390,985
- Retail
- $2,091,814
Location Insight
- City
- Longview
- County
- Gregg
- State
- Texas
- Latitude
- 32.4676
- Longitude
- -94.7077
- CBSA code
- 30980
- CBSA name
- LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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