Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3118 Estes Pkwy Longview, TX 75602

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $550,000

    Former McDonald’s with double drive-thru, patio, and pylon sign.

    Property size:
    3,712 SF
    Lot size:
    1.18 Acres

    Property Features for 3118 Estes Pkwy

    General Information

    Size
    3,712 SF
    Lot size
    1.18 Acres

    Source: Hudson Peters Commercial Agent Karen Mitchell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant Redevelopment Opportunity

    This former McDonald’s property, located near I-20, presents a redevelopment opportunity. The property features a double drive-thru and a patio. A large pylon sign is also present. The building has a size of 3,712 square feet. The property benefits from frontage on Estes Parkway, providing visibility. Some furniture, fixtures, and equipment will convey with the sale. The property is located adjacent to a new RaceTrac and near a new McDonald's and Starbucks.
    Insight Report Location Intelligence

    Current Use by Public Records

    McDonald's Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.7226233
    Latitude
    32.4488844

    Nearby Similar for Sale

    • $1,200,000
      8.65 Acres

      Longview Event Center on 8.65 Acres

      Flourishing event center with indoor and outdoor spaces on 8.65 acres.
      159 Lonesome Pine Rd, Longview, TX 75605
      View Details
    • $1,965,000
      2.69 Acres

      Two-Building Office Complex on 2.69 Acres

      Gated office complex with two buildings and ample parking.
      2753 Sh 322, Longview, TX 75603
      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
    • New
      $570,000
      8.03 Acres

      Longview Commercial Property on Loop

      8.03-acre property on Loop 281, ideal for redevelopment.
      3770 Crk 3439, Longview, TX 75602
      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
    • $1,200,000
      8.65 Acres

      Established Event Center on 8.65 Acres

      Thriving event center with indoor and outdoor entertaining areas.
      159 Lonesome Pne Rd. Rd, Longview, TX 75605
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Former McDonald’s with double drive-thru, patio, and pylon sign.
    Where is this drive through restaurant located?
    The property is located at 3118 Estes Pkwy Longview, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Tremendous redevelopment opportunity due to location near I-20.; - Priced to sell at $550,000.; - Great visibility with abundant frontage on Estes Parkway.
    (214) 558-8865
    Request Owner's contact information
    3118 Estes Pkwy Longview, TX 75602
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3118 Estes Pkwy
    Longview, TX 75602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3118 Estes Pkwy Longview, TX 75602
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.