401 Spur 63Longview, TX 75601

  • Commercial real estate
  • 7,672 SF
For Lease
$13/SF/YR View listing

Property Details for 401 Spur 63

Year built
2006
Lot size
2.05 AC
Property size (Sq ft)
7,672 SF
Property type
Commercial real estate
APN
7135001415-001-00-02
APU
71350014150010002

Description

This exceptional free-standing retail or restaurant building, located at 401 N Spur 63 in Longview, Texas, presents a significant opportunity for businesses seeking a prominent location in Gregg County. The property boasts a substantial 10,740 square feet of space, currently vacant and ready for immediate occupancy. The single-tenant building sits on a generous 2.7-acre lot, providing ample space for parking, outdoor seating (if applicable to the intended use), or future expansion. Its strategic location on N Spur 63 ensures high visibility and accessibility for customers. The property's zoning allows for a variety of retail and restaurant uses, making it an ideal choice for a wide range of businesses. The building is situated in Longview, Texas, zip code 75601, offering easy access to major transportation routes and a thriving local market. With its size, location, and vacant status, this property represents a rare opportunity to establish a strong presence in a desirable commercial area. The entire 10,740 square feet is available, providing flexibility for a large-scale operation or the potential to subdivide the space. Serious inquiries are encouraged to explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,933,917
    Hospitality
    $1,771,458
    Educational
    $1,473,832
    Medical
    $1,524,520
    Retail
    $2,292,628

Location Insight

City
Longview
County
Gregg
State
Texas
Latitude
32.5029
Longitude
-94.7511
CBSA code
30980
CBSA name
LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,599
$192,820
$329,340
$522,160
-
$192,820
$329,340
$522,160

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