Drive-Thru Restaurant
3020 S Eastman Rd Longview, TX 75602
For Sale
$500,000
COMMERCIAL - Longview, TX
Property Size862 SF
Lot Size0.56 Acres
Price / SF$580.05
Days on Market282
Property Features for 3020 S Eastman Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.56 Acres
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick, Metal
- Roof type
- Metal, Flat
Listing Agency:
Julie Woods & Associate RE Firm
(903) 587-5373
Listed By:
Julie Woods · License #0606759-BB
(903) 636-8465
Added: Oct 16, 2025
Changed: Jul 24
Last Checked: Jul 24 at 8:06PM
MLS# 20257098
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Turnkey commercial opportunity featuring an established Daquiri Express drive-thru business and a well-maintained restaurant building constructed in 2014. The property includes approximately 862 square feet of building space and sits on a 0.56-acre lot with ample parking designed to support both drive-thru and walk-up service.
Located on the east side of Longview, Texas, the property is positioned right off Interstate 20, offering convenient access for customers and easy site ingress/egress.
The building is described as being in excellent condition and offers a modern construction profile, making it a practical option for buyers seeking a ready-to-operate drive-thru restaurant setup.
Located on the east side of Longview, Texas, the property is positioned right off Interstate 20, offering convenient access for customers and easy site ingress/egress.
The building is described as being in excellent condition and offers a modern construction profile, making it a practical option for buyers seeking a ready-to-operate drive-thru restaurant setup.
Key Highlights
- Commercial building built in 2014 with brick and metal construction
- 0.56‑acre site with approximately 862 SF of commercial space
- Includes an established Daquiri Express drive‑thru business
Financial Insights For Specialty Retail
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 | $21.5k | $24.96 |
| − Vacancy | −$1.4k | −$1.60 |
| EGI | $20.1k | $23.36 |
| − OpEx | −$5.0k | −$5.84 |
| NOI | $15.1k | $17.52 |
862 SF · lease $24.96/SF/yr · vacancy 6.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$215.8K
$188.8K – $251.7K
NOI $15,104 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$649.3K
$568.1K – $757.5K
NOI $45,449 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Daiquiri Express - Eastman ...
Bar & Pub
FAQs
What type of property is this?
Drive through restaurant - Turnkey 2014-built restaurant with drive-thru operation on 0.56 acres near Interstate 20.
Where is this drive through restaurant located?
The property is located at 3020 S Eastman Rd Longview, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial building built in 2014 with brick and metal construction; 0.56‑acre site with approximately 862 SF of commercial space; Includes an established Daquiri Express drive‑thru business
