Industrial Service Facility with
5141 W LOOP 281 Longview, TX 75604
For Sale
Under Contract
$684,900
COMMERCIAL - Longview, TX
Property Size9,200 SF
Lot Size1.63 Acres
Price / SF$74.45
Days on Market314
Property Features for 5141 W LOOP 281
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- 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 Agency:
Summers Cook & Company
(903) 757-8686
Listed By:
Bud Summers · License #0465098
(903) 240-0095
Added: Sep 15, 2025
Changed: Jul 24
Last Checked: Jul 25 at 8:06AM
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 office space with an expansive clear-span warehouse and designated service bays. The front portion is finished with multiple private offices, a reception area, and conference space, while the rear includes open warehouse/shop area designed for equipment storage, fabrication, assembly, or distribution. Multiple overhead doors support straightforward vehicle access into the warehouse area, and the building includes strategically placed service work areas to support day-to-day operations.
The property sits on a 1.63-acre lot with ample parking and yard space for outdoor storage and operational needs. The facility is equipped with modern electrical, plumbing, and HVAC systems to support a range of industrial service and distribution uses.
With its combined professional office buildout, clear-span warehouse capacity, and functional service areas, the property offers a practical layout for businesses needing both administrative space and warehouse operations in the same facility.
The property sits on a 1.63-acre lot with ample parking and yard space for outdoor storage and operational needs. The facility is equipped with modern electrical, plumbing, and HVAC systems to support a range of industrial service and distribution uses.
With its combined professional office buildout, clear-span warehouse capacity, and functional service areas, the property offers a practical layout for businesses needing both administrative space and warehouse operations in the same facility.
Key Highlights
- 9,200 SF industrial service facility built in 1981 with concrete block construction and a flat roof
- Front office buildout includes multiple private offices, reception area, and conference space
- Large clear‑span warehouse/shop area with high ceilings and multiple overhead doors for easy access
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
NOI $153,889 @ 7.0% cap · market cap 22.47%
Second Best
Warehouse
$932.2K
$815.7K – $1.09M
NOI $65,256 @ 7.0% cap · market cap 9.53%
Theoretical Best
Hotel Hospitality
$6.93M
$6.06M – $8.08M
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
FAQs
What type of property is this?
Flex space - Warehouse, office, and service bays combine within a clear-span industrial facility on a fenced lot.
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 built in 1981 with concrete block construction and a flat roof; Front office buildout includes multiple private offices, reception area, and conference space; Large clear‑span warehouse/shop area with high ceilings and multiple overhead doors for easy access
