NNN Retail
For Sale
$2,889,772
1310 NW Loop 281, Longview, TX 75604
Commercial Sale, Longview, TX
Property Size12,715 SF
Lot Size1.49 Acres
Price / SF$227.27
Days on Market264
Property Features for 1310 NW Loop 281
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Inside City Limits
Directions
From the intersection of Loop 281 & Gilmer Rd., head north east on Loop 281. Property will be on the right in approx. 0.7 miles.
Standard status
Active
Size
12,715 SF
Lot size
1.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 2B BLK 7051 HARLEY'S CORNER
Legal Description
LT 2B BLK 7051 HARLEY'S CORNER
Utilities
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1996
Building materials
Siding
Listing Agency:
Drake Real Estate & Investments
(903) 581-3737
Listed By:
Brent Bradberry · License #0715170
(903) 571-8014
Added: Jan 16
Changed: Sep 13
Last Checked: Oct 7 at 10:06AM
MLS# 26000776
Copyright © 2026 Greater Tyler 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.
Investment Insights
Based on property information with market context.
This 12,715-square-foot retail property was built in 1996 and features siding construction, central air, and electric cooling. Public water serves the site. The property is subject to a 15-year net lease with a 6.6% cap rate, and the source information identifies Superior Outfitters as the occupying retailer.
Located at 1310 NW Loop 281 in Longview, the property sits along a corridor carrying up to 55,000 vehicles per day. The site is positioned within Longview’s established retail area, serving a regional market of approximately 300,000 people. Heavy Commercial zoning supports its commercial positioning, while proximity to shopping, dining, services, commuters, and major employment centers contributes to the surrounding trade-area context.
Located at 1310 NW Loop 281 in Longview, the property sits along a corridor carrying up to 55,000 vehicles per day. The site is positioned within Longview’s established retail area, serving a regional market of approximately 300,000 people. Heavy Commercial zoning supports its commercial positioning, while proximity to shopping, dining, services, commuters, and major employment centers contributes to the surrounding trade-area context.
Key Highlights
- 12,715‑square‑foot retail property built in 1996
- 15‑year net lease with a 6.6% cap rate
- Heavy Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,228
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,444,560
$3.4M
Cap Rate 7%
$2,460,400
$2.5M
Cap Rate 9%
$1,913,644
$1.9M
Market Conditions
NOI Build-Up for 12,715 SF
Gross rent
$260.9K $20.52/SF
− Vacancy
−$14.9K −$1.17/SF
EGI
$246.0K $19.35/SF
− OpEx
−$73.8K −$5.81/SF
NOI
$172.2K $13.55/SF
Area
Gregg County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,444,560
Cap Rate 7%
$2,460,400
Cap Rate 9%
$1,913,644
Alternative Uses
Best Use
Retail
$2.46M
$2.15M – $2.87M
NOI $172,228 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$9.58M
$8.38M – $11.17M
NOI $670,398 @ 7.0% cap · market cap 23.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
55,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 75604, TX
30,752
Population
13,579
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
85%
High-School Grad
44.1 sq mi
ZIP Area
697
Density / Sq Mi
$67,826
Median Household Income
$40,484
Median Earnings
$1,058
Median Rent
$189,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The property carries a 15-year net lease and Heavy Commercial zoning.
Where is this nnn property located?
The property is located at 1310 NW Loop 281 Longview, TX.
What is the asking price?
The asking price for this property is $2,889,772.
What are key features of this property?
This property features: 12,715‑square‑foot retail property built in 1996; 15‑year net lease with a 6.6% cap rate; Heavy Commercial zoning
