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    • Brokers

    Janti Patel, Longview, TX

    License ID: 0702321
    Years of Experience
    6
    Association
    Longview Area Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (903) 241-8955
    Office Address:
    1405 Lago Tr, Longview, TX 75604

    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family

    Performance

    Listings
    29
    Total transactions
    366
    Total transactions amount
    $89M
    Price range
    $162k - 365k
    Average price
    $243k

    Listings

    For Sale (29)

    View map
    • $253,000
      6.09 Acres

      Longview Lots in Gated Community

      Six lots on six acres in a gated Longview neighborhood.
      Savannah Hills Ln, Longview, TX 75605
      View Details
    • $349,000

      Longview Duplex in Hallsville ISD

      Income-producing duplex in Longview, Texas, with strong rental history.
      271 Lawrence Rd, Longview, TX 75605
      View Details
    • Contact for pricing

      Remodeled Office/Warehouse in Longview, TX

      6,800 sq ft office/warehouse with modern updates.
      342 W Cotton St, Longview, TX 75602
      View Details
    • $208,000
      6.91 Acres

      Hallsville Acreage Homesite Opportunity

      6.91 acre partially wooded homesite in Hallsville, Texas.
      1101 Firetower Rd, Hallsville, TX 75650
      View Details
    • $215,000
      10.15 Acres

      Gilmer Acreage in Oak Creek

      10.148-acre tract ideal for building a dream home.
      Fm 3358, Gilmer, TX 75645
      View Details
    • $581,000
      2.41 Acres

      Versatile Commercial Property, White Oak

      Commercial property with two buildings on 2.41 acres.
      1711 S Lake Harris Rd, White Oak, TX 75693
      View Details
    • $365,500
      24.16 Acres

      24.16 Acres in New Diana ISD

      24.16 acre tract in New Diana ISD with planted pines.
      Eagle Ct Rd, New Diana, TX 75640
      View Details
    • $995,000
      3.31 Acres

      Versatile Income-Producing Commercial Property

      Commercial property with shop buildings and rental income potential.
      434 Gamel Rd, Longview, TX 75604
      View Details
    • $119,000
      4.64 Acres

      Hallsville Land with Wooded Acreage

      4.64 acres in Hallsville ISD, ideal for custom home.
      376 Fm 4441, Hallsville, TX 75650
      View Details
    • $109,900

      Longview Duplex Investment Opportunity

      Duplex in Longview, TX with vacant units and granite countertops.
      706-708 Ridgelea Ave, Longview, TX 75602
      View Details
    • $275,000

      Longview Duplex Investment Opportunity

      Well-maintained duplex in Pine Tree ISD, fully leased and income-producing.
      104-106 Jester Cir, Longview, TX 75604
      View Details
    • $87,000
      4.84 Acres

      Longview Acreage Homesite Opportunity

      4.844 acres in Spring Hill, ideal for dream home.
      3724 French Dr, Longview, TX 75604
      View Details
    • $120,000
      0.57 Acres

      Residential Lot in Gated Community

      Premium lot in Longview's exclusive, gated Nolo Estates.
      Tbd Shortleaf Ln, Longview, TX 75605
      View Details
    • $120,000
      0.58 Acres

      Residential Lot in Gated Community

      Premium lot in Longview's exclusive, gated Nolo Estates community.
      Tbd Loblolly Way, Longview, TX 75605
      View Details
    • $120,000
      0.57 Acres

      Residential Lot in Gated Community

      Premium lot in Longview's exclusive, gated Nolo Estates community.
      Tbd Shortleaf Ln, Longview, TX 76505
      View Details
    • $120,000
      0.57 Acres

      Residential Lot in Gated Community

      Premium lot in Longview's exclusive, gated Nolo Estates.
      Tbd Shortleaf Ln, Longview, TX 75605
      View Details
    • $499,000
      1.20 Acres

      Longview Commercial Space with Shop

      1.2 acre commercial space with 4,000 sq ft shop.
      126 Gamel Rd, Longview, TX 75604
      View Details
    • $1,000,000
      166.68 Acres

      166+ Acres of Texas Land

      Sprawling pasture and lush woods in Arp, Texas.
      14546 Cr 247, Arp, TX 75750
      View Details
    • $263,500
      5.52 Acres

      Longview, TX Acreage Opportunity

      5.52 acres in Bull Run, perfect for building your dream home.
      Bull Run Trl, Longview, TX 75604
      View Details
    • $348,500
      19.42 Acres

      Land Near Lake O' the Pines

      19.42 acres near Lake O' the Pines in Lone Star, TX.
      1999 Grainger Dr, Lone Star, TX 75668
      View Details
    • $475,000
      0.33 Acres

      Versatile Office Space in Longview

      2,850 SF office space with modern amenities and secure parking.
      1523 Colony Cir, Longview, TX 75608
      View Details
    • $225,000
      1.18 Acres

      Downtown Longview Commercial Investment Opportunity

      Former motor bank with endless potential on over 1 acre.
      312 Center St S, Longview, TX 75601
      View Details
    • $499,000
      51.30 Acres

      Hallsville Acreage: Build Your Dream

      51 acres in Hallsville ISD, ideal for custom home.
      Mont Hall Rd, Hallsville, TX 75650
      View Details
    • $39,900
      0.50 Acres

      Residential Lot in White Oak

      0.50-acre lot ready for construction in White Oak ISD.
      204 E Sally St, White Oak, TX 75693
      View Details
    • $79,875
      3.55 Acres

      Residential Land in Oak Creek

      3.5 acres in a restricted neighborhood near Longview, Texas.
      1234 Fm 3358, Gilmer, TX 75645
      View Details
    • $148,455
      6.60 Acres

      Inviting Acreage in Oak Creek

      6.6 acres in a restricted neighborhood near Longview, Texas.
      12345 Fm 3358, Gilmer, TX 75644
      View Details
    • $185,000
      6.22 Acres

      6+ Acre Land in Gladewater

      6+ acres of land perfect for a dream home.
      Fir Rd, Gladewater, TX 75647
      View Details
    • $69,999
      1.26 Acres

      1.26 Acre Build-Ready Land

      1.26-acre property with two build-ready pads in New Diana.
      Sh 154, New Diana, TX 75645
      View Details
    • $780,000
      49.80 Acres

      Kilgore Acreage with Pond

      49.795 acres in Kilgore, TX, with pond and shop.
      Tbd Cr 3111, Kilgore, TX 75662
      View Details

    Leases and Sales on Map

    • For Sale

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    Janti Patel, Longview, TX
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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