Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1809 Loop 281 Longview, TX 75604

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Longview retail space, multiple units available.

    Lot size:
    90,111 SF

    Property Features for 1809 Loop 281

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,111 SF
    Total Rate
    105129.5

    Building Details

    Year Built
    1983
    Stories
    22

    Spaces For Lease

    at 1809 Loop 281, Longview, TX 75604 Contact us
    Unit Suite 126

    $14 /Mo

    Size
    2,700 SF
    Contact us
    Unit Suite 136

    $14 /Mo

    Size
    1,978 SF
    Contact us

    We can help!

    Listing Contact
    Luke Swanson
    Luke Swanson

    Listing Agency: Burns Commercial Properties Listing Agent: Luke Swanson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Pinetree Centre, located at 1809 W Loop 281, Longview, TX 75604, offers exceptional retail opportunities in a thriving Gregg County neighborhood. This two-story, 90,111 square foot neighborhood center, built in 1983, boasts a convenient location at the intersection of Loop 281 and Gilmer Road. The property sits on a 4.51-acre lot and is zoned for commercial use. Currently, there are multiple spaces available, with a minimum divisible space of 1,627 square feet and a maximum contiguous space of 2,975 square feet. A total of 7,302 square feet is currently vacant. This presents a unique chance for businesses seeking flexible space options. The center benefits from its adjacency to a new Super Mercado grocery store, ensuring high foot traffic and visibility. This property is an excellent investment for businesses looking to establish or expand their presence in a dynamic and growing market. The property's strategic location and ample space make it an ideal choice for a variety of retail uses. Contact us today to learn more about the available spaces and leasing options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elder Chiropractic Clinic Alternative Medicine Practice Family Focus Wellness ... Alternative Medicine Practice Spine and Pain Clinic ... Physician Fun Noodle Bar Restaurant Clinica Hispana Longview Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.785246519934
    Latitude
    32.525065232431

    Nearby Similar for Lease

    • $2,500 /Mo

      Versatile Office and Warehouse Space

      Commercial lease in Longview with office and warehouse areas.
      1007 Mccann Rd, Longview, TX 75604
      View Details
    • $1,500 /Mo
      21,780 SF

      Longview Flex Space For Lease

      Flex space with frontage, easy access, and utilities on-site.
      105 S Ward Dr, Longview, TX 75604
      View Details
    • $1,500 /Mo
      1,680 SF

      Longview Flex Space For Lease

      1,680 SF flex space with excellent visibility and access.
      105 S Ward Dr, Longview, TX 75604
      View Details
    • $1,500 /Mo
      21,780 SF

      Longview Commercial Space For Lease

      1,680 SF flex space ideal for service or light industrial.
      105 S Ward Dr, Longview, TX 75604
      View Details
    • $3,500 /Mo
      45,302 SF

      Retail Space on Eastman Road

      1,100 SF retail space in high-traffic Longview location.
      3052 N Eastman Rd, Longview, TX 75605
      View Details
    • $5,312 /Mo
      36,024 SF

      Functional Industrial Space For Lease

      Office and warehouse space with secured yard and highway signage.
      3698 E Marshall Ave, Longview, TX 75602
      View Details
    • $5,312 /Mo
      36,024 SF

      Functional Office and Industrial Space

      Versatile property with office, warehouse, secured yard, and highway signage.
      3698 E Marshall Ave, Longview, TX 75602
      View Details
    • $12,000 /Mo

      Former Church Building in Longview

      12,000 SF former church with seating for 300.
      4344 Us Highway 259, Longview, TX 75605
      View Details
    • $1,350 /Mo

      Retail Space on Gilmer Road

      1800 sq ft retail space for lease on Gilmer Rd.
      3104 Gilmer Rd, Longview, TX 75605
      View Details
    • $8 SF/Yr
      2,750 SF

      Versatile Retail Space, High Visibility

      High-traffic corner location suitable for retail or restaurant.
      1026 Mccann Rd, Longview, TX 75601
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Longview Mall

      Retail space for lease near Loop 281 and Judson.
      109 Loop 281 W, Longview, TX 75605
      View Details
    • Contact for pricing
      2,230 SF

      Restaurant Space on Loop 281

      Former Taco Cabana site available for sublease in Longview, TX.
      411 Loop 281 E, Longview, TX 75605
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Longview retail space, multiple units available.
    Where is this neighborhood center located?
    The property is located at 1809 Loop 281 Longview, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with strong pedestrian and vehicular counts.; Excellent street visibility from major thoroughfares.; Pylon signage opportunity for enhanced brand awareness.
    (903) 534-1200 Call to check price and availability
    Request Owner's contact information
    1809 Loop 281 Longview, TX 75604
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1809 Loop 281
    Longview, TX 75604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1809 Loop 281 Longview, TX 75604
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Luke Swanson
    Luke Swanson
    Real Estate License ID: 592818
    (903) 534-1200 (903) 574-5654
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!