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    504 Pine Tree Rd Longview, TX 75604

    For Sale
    $261,900

    High-traffic location, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.50-acre commercial lot is ideally situated at the highly visible intersection of Pine Tree Road and W Loop 281 in Longview, Texas (75604). Boasting a strategic location with excellent visibility, this property offers significant potential for a variety of commercial ventures. The site benefits from substantial daily traffic volume, with W Loop 281 recording 17,078 vehicles per day and Pine Tree Road registering 7,456. The commercial zoning permits drive-thru businesses, expanding the range of suitable uses. This presents a unique opportunity for businesses seeking high visibility and convenient access. The asking price is $261,900, translating to $12 per square foot of land value. The owner is open to a ground lease or a build-to-suit arrangement, offering flexibility to prospective buyers or tenants. This property is located in Gregg County and presents a compelling investment opportunity in a thriving Texas market. Don't miss this chance to secure a prime commercial location in a high-traffic area.

    Property Features for 504 Pine Tree Rd

    General Information

    Property type
    Land

    HighLights

    • Commercial zoning allows for a variety of business uses.
    • Ground lease or build‑to‑suit options available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.796316225485
    Latitude
    32.511055937131

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    FAQs

    What type of property is this?
    Land - High-traffic location, build-to-suit option.
    Where is this land located?
    The property is located at 504 Pine Tree Rd Longview, TX.
    What is the asking price?
    The asking price for this property is $261,900.
    What are key features of this property?
    This property features: Commercial zoning allows for a variety of business uses.; Ground lease or build-to-suit options available.;
    Request Owner's contact information
    504 Pine Tree Rd Longview, TX 75604
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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
    504 Pine Tree Rd Longview, TX 75604
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