Industrial Flex Campus with
320 E Methvin St & 325 E Tyler St Longview, TX 75601
For Sale
Contact for pricing
Two-building office/industrial campus with dock-high loading, sprinkler coverage, and a paved lot for scalable yard use.
Property Size124,417 SF
Price / SF$75.53
Days on Market135
Property Features for 320 E Methvin St & 325 E Tyler St
General Information
- Standard status
- Active
- Size
- 124,417 SF
- Property subtype
- Office, Industrial
Listing Agency:
DWG Capital Group
(903) 753-2350
Listed By:
Judd Dunning · License #CA 01520854
Source:
Crexi
Added: Mar 11
Changed: Jul 22
Last Checked: Jul 23 at 2:50PM
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 DWG Capital Group
Investment Insights
Based on property information with market context.
An office/industrial campus totaling approximately 124,417 SF, plus an additional approximately 1.22-acre paved lot, is available for lease or sale. The property was formerly used as a corporate headquarters and industrial production campus and now offers two building options with functional improvements for a range of operations.
Building 1 measures approximately 59,450 SF and is available for immediate lease-up, featuring 18-foot clear heights, dock-high loading, and full sprinkler coverage. Building 1 is also supported by approximately 1,000 to 1,200 amp 277/480V three-phase electrical service. Building 2 totals approximately 64,967 SF and is partially income-producing multi-function office space under existing subtenancy during a master lease transition, with an Assignor Guarantor obligation through November 2028.
Direct I-20 access and the convergence of U.S. Routes 31/80/259 support regional connectivity, with the nearest Union Pacific rail yard approximately 2 miles away and the East Texas Regional Airport in close proximity.
Building 1 measures approximately 59,450 SF and is available for immediate lease-up, featuring 18-foot clear heights, dock-high loading, and full sprinkler coverage. Building 1 is also supported by approximately 1,000 to 1,200 amp 277/480V three-phase electrical service. Building 2 totals approximately 64,967 SF and is partially income-producing multi-function office space under existing subtenancy during a master lease transition, with an Assignor Guarantor obligation through November 2028.
Direct I-20 access and the convergence of U.S. Routes 31/80/259 support regional connectivity, with the nearest Union Pacific rail yard approximately 2 miles away and the East Texas Regional Airport in close proximity.
Key Highlights
- Two‑building office/industrial campus at 320 E Methvin St and 325 E Tyler St, Longview, TX 75601, with 124,417 SF improvements plus a ±1.22‑acre paved lot
- Building 1: 59,450 SF with 18‑foot clear height, dock‑high loading, and full sprinkler coverage
- Building 1 power: 1,000 to 1,200 amp 277/480V three‑phase electrical service
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 | $1.13M | $9.12 |
| − Vacancy | −$96.4k | −$0.78 |
| EGI | $1.04M | $8.34 |
| − OpEx | −$311.5k | −$2.50 |
| NOI | $726.8k | $5.84 |
124,417 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$29.73M
$26.01M – $34.69M
NOI $2,081,128 @ 7.0% cap · market cap 22.15%
Second Best
Warehouse
$12.61M
$11.03M – $14.71M
NOI $882,500 @ 7.0% cap · market cap 9.39%
Theoretical Best
Hotel Hospitality
$93.71M
$82.00M – $109.33M
NOI $6,559,886 @ 7.0% cap · market cap 69.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Team 515 Mixed ...
Training Center
Similar Off Market Nearby
- Tuscan Pig Italian Kitchen — 401 S High St, Longview, TX 75601
- Perfect Catering — 202 N Teague St, Longview, TX 75601
- Perfect Blend — 700 E Marshall Ave, Longview, TX 75601
- TCW chicken and more — 314 W Cotton St, Longview, TX 75601
FAQs
What type of property is this?
Flex space - Two-building office/industrial campus with dock-high loading, sprinkler coverage, and a paved lot for scalable yard use.
Where is this flex space located?
The property is located at 320 E Methvin St & 325 E Tyler St Longview, TX.
What is the asking price?
The asking price for this property is $9,397,000.
What are key features of this property?
This property features: Two‑building office/industrial campus at 320 E Methvin St and 325 E Tyler St, Longview, TX 75601, with 124,417 SF improvements plus a ±1.22‑acre paved lot; Building 1: 59,450 SF with 18‑foot clear height, dock‑high loading, and full sprinkler coverage; Building 1 power: 1,000 to 1,200 amp 277/480V three‑phase electrical service
