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    2327 Eastman Rd Longview, TX 75605

    For Sale
    $370,000

    1.41 Acres, High-Visibility Retail Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.41-acre commercial land parcel, located at 2327 & 2451 N. Eastman Rd in Longview, Texas (zip code 75605), presents a unique investment opportunity. Zoned for General Retail, this property boasts high visibility and significant daily traffic, making it ideal for a variety of businesses. The site includes a developed 0.4-acre area with paved ingress/egress and parking, along with a 4-bay unconditioned shop. This existing structure offers potential for further development or complete removal to suit future needs. The remaining 0.96 acres are largely flat and provide ample space for new construction. The asking price is $370,000, representing a land value of $6.25 per square foot. This sale includes both parcels as a single unit

    Property Features for 2327 Eastman Rd

    General Information

    Property type
    Land
    Lot Size
    61,420 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    3D Automotive & Repair Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.71935943025
    Latitude
    32.525365368764

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    FAQs

    What type of property is this?
    Land - 1.41 Acres, High-Visibility Retail Lot
    Where is this land located?
    The property is located at 2327 Eastman Rd Longview, TX.
    What is the asking price?
    The asking price for this property is $370,000.
    (903) 309-8315
    Request Owner's contact information
    2327 Eastman Rd Longview, TX 75605
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    Longview, TX 75605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2327 Eastman Rd Longview, TX 75605
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