Two Office Complexes on 2.694
2753 & 2755 Sh 322 Longview, TX 75603
For Sale
$1,675,000
Two gated office buildings with 40+ parking spaces on 2.694 acres.
Property Size10,200 SF
Lot Size2.69 Acres
Price / SF$164.22
Days on Market179
Property Features for 2753 & 2755 Sh 322
General Information
- Standard status
- Active
- Size
- 10,200 SF
- Lot size
- 2.69 Acres
Listing Agency:
BOLD Real Estate Group
(903) 746-5333
Listed By:
Roxanne Browning
(903) 746-5333
Source:
Exprealty
Added: Jan 26
Changed: Jul 6
Last Checked: Jul 23 at 10:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BOLD Real Estate Group
Investment Insights
Based on property information with market context.
This property features two office complexes situated on approximately 2.694 acres, secured by a complete fence and gated access. The site provides over 40 parking spaces. The front building, located at 2753 SH 322 and constructed in 2009, offers approximately 7,225 square feet of space. According to the seller's drawing, it includes 13 offices, three bathrooms meeting ADA requirements, two conference rooms, a kitchen and dining area, ample storage, a workshop area, and an upstairs loft storage area. The back building, located at 2755 SH 322 and constructed in 2010, provides approximately 10,200 square feet of space per the seller's drawing. It features 22 offices, one conference room, three bathrooms, ample storage, a workshop, a concrete vault, and overhead roll-up doors. The structures are metal, and the office space can be used as intended or restructured. The property offers high-end, quality finishes with attention to detail. The property has easy access to the airport, Interstate, and major highways. Potential business uses include climate-controlled storage, an event center, or a call center, with ample parking and room for expansion.
Key Highlights
- Two separate office buildings totaling approximately 17,425 sq ft on 2.694 acres.
- Gated and completely fenced with 40+ parking spaces.
- High‑end, quality finishes with attention to detail.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.0k | $9.12 |
| − Vacancy | −$7.9k | −$0.78 |
| EGI | $85.1k | $8.34 |
| − OpEx | −$25.5k | −$2.50 |
| NOI | $59.6k | $5.84 |
10,200 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.44M
$2.13M – $2.84M
NOI $170,616 @ 7.0% cap · market cap 10.19%
Second Best
Industrial
$851.2K
$744.8K – $993.0K
NOI $59,582 @ 7.0% cap · market cap 3.56%
Theoretical Best
Hotel Hospitality
$7.68M
$6.72M – $8.96M
NOI $537,795 @ 7.0% cap · market cap 32.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Two gated office buildings with 40+ parking spaces on 2.694 acres.
Where is this office building located?
The property is located at 2753 & 2755 Sh 322 Longview, TX.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Two separate office buildings totaling approximately 17,425 sq ft on 2.694 acres.; Gated and completely fenced with 40+ parking spaces.; High‑end, quality finishes with attention to detail.
