Industrial Service Facility with
5141 W LOOP 281 Longview, TX 75604
5141 W LOOP 281, Longview, TX, 75604
$684,900
For Sale
$684,900
COMMERCIAL - Longview, TX
Property Size9,200 SF
Lot Size1.63 Acres
Price / SF$74.45
Days on Market307
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 Agency
Summers Cook & Company
(903) 757-8686
1127 Judson Road, Longview, TX
Listed by
Bud Summers · License #0465098
(903) 240-0095
Added: Sep 15, 2025 Checked: Jul 18 at 2:06 am
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.
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
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
Similar For Sale Nearby
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
