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    500 Gilmer Rd Longview, TX 75604

    For Sale
    $545,000

    Acreage - Longview, TX

    Lot size:
    12.00 Acres
    Days on Market:
    311
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 500 Gilmer Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Fence, None
    Fencing
    Fenced
    Lot size
    12.00 Acres

    Building Details

    Architectural style
    Other

    Teri Norwood Real Estate Team, LLC (903) 212-8326 [email protected]

    Listing agent Tanner Terry (903) 212-8326

    Listing date Feb 3, 2025

    MLS# 20234457 Listing URL

    Copyright © 2025 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Longview, TX 12 Acreage Opportunity

    This 12-acre property, located at 500 Gilmer Rd in Longview, TX 75604, presents a development opportunity. The expansive parcel is suitable for a housing development project, with the potential for over 28 residential lots and the possibility of including one or two commercial lots along Gilmer Rd. The property's location, size, and zoning make it attractive for developers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.76866
    Latitude
    32.509815

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    FAQs

    What type of property is this?
    Land - 12 acres ideal for residential or commercial development in Longview.
    Where is this land located?
    The property is located at 500 Gilmer Rd Longview, TX.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - 12 acres of prime real estate ideal for development.; - Potential for 28+ residential lots.; - Room for commercial lot(s) on Gilmer Rd.
    (903) 212-8326
    Request Owner's contact information
    500 Gilmer Rd Longview, TX 75604
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    Longview, TX 75604
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    500 Gilmer Rd Longview, TX 75604
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