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    411 Spur 63 Longview, TX 75601

    For Sale
    $215,000

    Prime 0.48-acre commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.48-acre commercial lot presents a remarkable investment opportunity in Longview, Texas. Located at 411 N Spur 63, this property boasts a highly desirable location on a main entryway into the city, ensuring maximum exposure and accessibility. Zoned for Heavy Commercial (C-2) use, the possibilities are vast, making it ideal for a variety of retail, restaurant, or other commercial ventures. The lot's high visibility and heavy traffic count guarantee significant foot traffic and drive-by exposure, promising strong returns on investment. Its strategic placement within a thriving commercial area is further enhanced by the presence of established and successful businesses in close proximity, including Starbucks, Murphy USA, Hampton Suites, Kroger, and Burger King. This prime location offers unparalleled convenience and accessibility for potential customers and employees alike. The asking price for this exceptional property is $215,000. Don't miss this chance to secure a prominent location in a rapidly growing market. Contact us today to learn more and schedule a viewing.

    Property Features for 411 Spur 63

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • 0.48‑acre commercial lot in Longview, TX, located at 411 N Spur 63.
    • High‑visibility C‑2 zoned lot on a major city entryway.
    • Excellent location with high traffic counts and strong foot traffic.
    • Surrounded by successful businesses including Starbucks, Murphy USA, Hampton Suites, Kroger, and Burger King.
    • Asking price: $215,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Law Firm 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
    -94.7504469
    Latitude
    32.5036057

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    FAQs

    What type of property is this?
    Land - Prime 0.48-acre commercial land, high visibility.
    Where is this land located?
    The property is located at 411 Spur 63 Longview, TX.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: 0.48-acre commercial lot in Longview, TX, located at 411 N Spur 63.; High-visibility C-2 zoned lot on a major city entryway.; Excellent location with high traffic counts and strong foot traffic.
    (903) 736-1740
    Request Owner's contact information
    411 Spur 63 Longview, TX 75601
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    Longview, TX 75601
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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
    411 Spur 63 Longview, TX 75601
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