111 Ward DrLongview, TX 75604

Property Details for 111 Ward Dr

Year built

1986

Lot size

1.76 AC

Property size (Sq ft)

1,904 SF

Property type

Commercial real estate

APN

0369000403-198-01-02

APU

3690004031980102

Description

This exceptional investment opportunity presents a 0.8-acre commercial land parcel in Longview, Texas, ideally situated at 111 S Ward Dr, 75604. The property boasts 376 feet of road frontage along S Ward Dr, offering excellent visibility and accessibility. Currently improved with three buildings totaling 3,440 square feet, the property is 100% occupied, generating a strong 4.00% cap rate at an asking price of $265,000. The existing structures comprise a 1,540 sq ft building with a bathroom and two overhead doors, a 1,200 sq ft warehouse/workspace, and a 700 sq ft office with separate storage. The property is zoned for Light Industrial use. A significant portion of the land (approximately 60%) is currently underutilized, presenting a compelling opportunity for expansion and increased revenue generation. The convenient location provides easy access to major highways, making it an attractive proposition for a variety of commercial ventures. Built in 1986, this single-story property offers a blend of existing income and significant future development potential. This is a rare chance to acquire a well-located, income-producing commercial property in a thriving Texas market.

• Alternative Use

  Use

  Valuation

  Residential

  $479,950

  Hospitality

  $439,632

  Educational

  $365,769

  Medical

  $378,348

  Retail

  $568,973

Location Insight

City

Longview

County

Gregg

State

Texas

Latitude

32.504

Longitude

-94.7824

CBSA code

30980

CBSA name

LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].