Warehouse and Office
5105 W LOOP 281 Longview, TX 75604
For Sale
$495,000
COMMERCIAL - Longview, TX
Property Size9,000 SF
Lot Size1.76 Acres
Price / SF$55
Days on Market158
Property Features for 5105 W LOOP 281
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.76 Acres
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick, Metal, Metal Siding, Slab
- Roof type
- Metal
Listing Agency:
TX Farms & Ranches/Park Village
(903) 663-5000
Listed By:
Mark Coleman · License #387775
(903) 738-9420
Added: Feb 16
Changed: Jul 24
Last Checked: Jul 24 at 8:06PM
MLS# 20261067
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.
This for-sale industrial and flex facility includes nearly 9,000 square feet with several offices, a large showroom, and over 3,500 square feet of covered canopy. The property also features four separate warehouses, with two of the warehouse areas including foreman or dispatch offices.
The site is located on Loop 281, just off Hwy 31 and Interstate 20, providing easy access to surrounding areas. In addition to the main building, there is over 3/4 of an acre of additional space behind the main structure that can support yard use or future expansion.
The campus-style layout—with distinct office space, showroom, covered canopy, and multiple warehouse bays—supports a variety of light industrial and distribution needs while maintaining dedicated administrative space.
The site is located on Loop 281, just off Hwy 31 and Interstate 20, providing easy access to surrounding areas. In addition to the main building, there is over 3/4 of an acre of additional space behind the main structure that can support yard use or future expansion.
The campus-style layout—with distinct office space, showroom, covered canopy, and multiple warehouse bays—supports a variety of light industrial and distribution needs while maintaining dedicated administrative space.
Key Highlights
- Nearly 9,000 SF building with several offices and a large showroom
- 4 separate warehouses, including 2 with foreman or dispatch offices
- Over 3,500 SF of covered canopy
Financial Insights For Flex RnD
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 | $72.4k | $8.04 |
| − Vacancy | −$6.2k | −$0.68 |
| EGI | $66.2k | $7.36 |
| − OpEx | −$23.2k | −$2.57 |
| NOI | $43.0k | $4.78 |
9,000 SF · lease $8.04/SF/yr · vacancy 8.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.15M
$1.88M – $2.51M
NOI $150,543 @ 7.0% cap · market cap 30.41%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,907 @ 7.0% cap · market cap 24.63%
Theoretical Best
Hotel Hospitality
$6.78M
$5.93M – $7.91M
NOI $474,525 @ 7.0% cap · market cap 95.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial facility includes offices, a large showroom, and multiple warehouses with covered canopy and yard space.
Where is this flex space located?
The property is located at 5105 W LOOP 281 Longview, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Nearly 9,000 SF building with several offices and a large showroom; 4 separate warehouses, including 2 with foreman or dispatch offices; Over 3,500 SF of covered canopy
