Flex Office with
4906 West Loop 281 Longview, TX 75603
For Sale
Contact for pricing
Flex space with front office or retail/sales area plus receiving and a small warehouse at the rear.
Property Size3,750 SF
Price / SF$102.67
Days on Market99
Property Features for 4906 West Loop 281
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Retail, Industrial
Listing Agency:
Beer Wells Real Estate Services – East Texas, Inc.
Listed By:
Walter Northcutt · License #510190
Source:
Crexi
Added: Apr 16
Changed: Jul 22
Last Checked: Jul 23 at 12:55PM
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 Beer Wells Real Estate Services – East Texas, Inc.
Investment Insights
Based on property information with market context.
This flex space is designed with a front office/retail/sales area and a back portion that supports receiving and small warehouse use. The layout is oriented to separate customer-facing space from operations, with space for deliveries and basic storage.
The property is offered for sale and is described as having receiving capabilities in the rear section to support day-to-day workflow.
Overall, the building configuration supports mixed use between front-facing functions and back-of-house warehouse needs.
The property is offered for sale and is described as having receiving capabilities in the rear section to support day-to-day workflow.
Overall, the building configuration supports mixed use between front-facing functions and back-of-house warehouse needs.
Key Highlights
- Front office/retail/sales area with receiving and a small warehouse at the rear
- Flex space layout combining front customer‑facing space with back receiving and warehouse area
Financial Insights For Warehouse
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 | $34.2k | $9.12 |
| − Vacancy | −$2.9k | −$0.78 |
| EGI | $31.3k | $8.34 |
| − OpEx | −$4.7k | −$1.25 |
| NOI | $26.6k | $7.09 |
3,750 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$725.6K
$634.9K – $846.6K
NOI $50,795 @ 7.0% cap · market cap 13.19%
Second Best
Warehouse
$380.0K
$332.5K – $443.3K
NOI $26,599 @ 7.0% cap · market cap 6.91%
Theoretical Best
Hotel Hospitality
$2.82M
$2.47M – $3.30M
NOI $197,719 @ 7.0% cap · market cap 51.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex space with front office or retail/sales area plus receiving and a small warehouse at the rear.
Where is this flex space located?
The property is located at 4906 West Loop 281 Longview, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Front office/retail/sales area with receiving and a small warehouse at the rear; Flex space layout combining front customer‑facing space with back receiving and warehouse area
