Industrial Service Facility with Offices

5141 W LOOP 281 Longview, TX 75604

Claim this Listing
For Sale
$684,900

COMMERCIAL - Longview, TX

Property size:
9,200 SF
Lot size:
1.63 Acres
Price / SF:
$74/SF
Added:
Sep 15, 2025
Days on Market:
301
Last Refresh:
Jul 12 at 7:06 am

Property Features for 5141 W LOOP 281

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
1.63 Acres

Building Details

Year built
1981
Floors in Building
1
Number of units
1
Building materials
Concrete Block
Roof type
Flat

Listing agent Bud Summers License #0465098

Listing office Summers Cook & Company 1127 Judson Road, Longview, TX

Listing date Sep 15, 2025

MLS# 20256343

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 industrial service facility combines a professionally finished office area with a large, clear-span warehouse/shop space. The front of the building includes multiple private offices, a reception area, and conference space, while the rear provides open warehouse work space with high ceilings and multiple overhead doors for straightforward loading and access. Designated service bays and work areas support ongoing operational workflow for a range of service and industrial uses. The building is equipped with modern electrical, plumbing, and HVAC systems.

The property sits on a generous lot with ample parking and yard space. It also offers convenient access to major roads, highways, and transportation routes to support employee, client, and delivery needs.

With office, service, and warehousing components under one roof and room for outdoor storage or potential future growth, the layout is designed to accommodate businesses that need both workplace support and flexible industrial space.

Key Highlights

  • 9,200 SF industrial service facility with office, warehouse/shop, and designated service bays/work areas
  • Front office portion includes multiple private offices, reception, and conference space
  • Large clear‑span warehouse/shop with high ceilings and multiple overhead doors for easy access

Local 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 $83.9k $9.12
− Vacancy −$7.1k −$0.78
EGI $76.8k $8.34
− OpEx −$23.0k −$2.50
NOI $53.7k $5.84
9,200 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.20M
$1.92M – $2.56M (±1% cap)
NOI $153,889 @ 7.0% cap · market cap 22.47%
Second Best
Warehouse
$932.2K
$815.7K – $1.09M (±1% cap)
NOI $65,256 @ 7.0% cap · market cap 9.53%
Theoretical Best
Hotel Hospitality
$6.93M
$6.06M – $8.08M (±1% cap)
NOI $485,070 @ 7.0% cap · market cap 70.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Big Box & Wholesale Store Storage Facility Auto Parts Store Furniture & Home Goods Locksmith Veterinary Clinic HVAC Service Tech Support Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - A 9,200 SF industrial facility with finished office space, clear-span warehouse area, and multiple overhead doors.
Where is this flex space located?
The property is located at 5141 W LOOP 281 Longview, TX.
What is the asking price?
The asking price for this property is $684,900.
What are key features of this property?
This property features: 9,200 SF industrial service facility with office, warehouse/shop, and designated service bays/work areas; Front office portion includes multiple private offices, reception, and conference space; Large clear‑span warehouse/shop with high ceilings and multiple overhead doors for easy access
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