Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Medical Office Space Available Title is generated by Realmo AI

    1506 Judson Rd, Longview, TX 75601

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    6,140 sq ft medical office or traditional use space.

    Type:Office, Special Purpose
    Property size:
    6,140 SF
    Added:
    May 27, 2021
    Days on Market:
    1821
    Last Refresh:
    May 12 at 9:59 pm

    Property Features for 1506 Judson Rd

    General Information

    Standard status
    Active
    Size
    6,140 SF
    Property subtype
    Office, Special Purpose

    Building Details

    Year Built
    2003

    Spaces For Lease

    at 1506 Judson Rd Contact us

    $20/Mo

    Size
    6,140 SF
    Type
    Office, Special Purpose
    Contact us

    We can help!

    Listing Contact
    John King

    Listing agent John King License #TX

    Listing office JBK Enterprises

    Listing date May 27, 2021

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of JBK Enterprises

    HighLights

    • 6,140 sq ft Medical Office or traditional use space.
    • 7 Exam Rooms plumbed with water and electrical.
    • Class A interior finish.
    • Located near the growing Medical District in Longview, TX.
    • High traffic counts on Judson Rd.
    • Built in 2003.

    Overview

    This 6,140 sq ft space is suitable for medical office or traditional use. It features 7 exam rooms plumbed with water and electrical, private offices, a breakroom, a lab, and a waiting area. The current tenant, a retail user, has updated the interior to a Class A finish. This is a rare single-tenant opportunity for a medical office in this size range with high-quality finishes, located close to the growing Medical District in Longview, TX. Judson Rd is a major thoroughfare connecting the northern and southern limits of Longview, with excellent traffic counts and dense residential areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kristen Pratt Physician Jared S. Kenyan, ... Physician Ellie Bee's Clothing & Fashion Store Dr. Sarah Ward Physician Blake Williams, O.D. Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Gindy's Pet Resort — 1611 Judson Rd #3663, Longview, TX 75601
    • Longview Boarding Kennel — 1613 Judson Rd, Longview, TX 75601
    • Med-Shop Total Care Pharmacy — 470 E Loop 281, Longview, TX 75605

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.7407889
    Latitude
    32.5200769

    Nearby Similar for Lease

    • $4,688/Mo
      7,500 SF

      Longview Industrial Space For Lease

      Functional office and industrial space with secured yard.
      3698 E Marshall Avenue, Longview, TX 75602
      View Details
    • $12,000/Mo

      Former Church Building in Longview

      12,000 SF former church with seating for 300.
      4344 US 259, 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 Road, Longview, TX 75601
      View Details
    • $7,500/Mo
      7,585 SF

      Longview Commercial Property with Yard

      Office, warehouse, and fenced yard available for lease.
      2820 E Marshall, Longview, TX 75601
      View Details
    • $5,312/Mo
      7,500 SF

      Versatile Flex Space with Secured Yard

      Office, warehouse, and yard space ideal for various commercial uses.
      3698 E Marshall Avenue, Longview, TX 75602
      View Details
    • Contact for pricing
      3,343 SF

      Office Space for Rent

      Office space available for lease in Longview, Texas.
      201 E Methvin St, Longview, TX 75601
      View Details
    • Contact for pricing

      Highway 80 Shop with Yard

      Shop with fenced yard on high-traffic Highway 80.
      2518 W Marshall Ave, Longview, TX 75604
      View Details
    • $4 SF/Yr
      3,000 SF

      3,000 SF Warehouse with Dock

      3,000 SF warehouse space with dock access available for lease.
      4800 Gilmer Rd. Unit 1, Longview, TX 75604
      View Details
    • $9 SF/Yr
      10,057 SF

      Longview Office Space Available

      Office space available for lease in Longview, Texas.
      1203 E Marshall Ave, Longview, TX
      View Details
    • Contact for pricing
      2,230 SF

      Restaurant Space on Loop 281

      Former Taco Cabana site available for sublease in Longview, TX.
      411 E Loop 281, Longview, TX
      View Details
    • Contact for pricing
      2,500 SF

      Longview Flex Space Available

      Flex space with HVAC and grade level loading.
      440 N Eastman Rd, Longview, TX
      View Details
    • Contact for pricing
      825 SF

      Office/Retail Space on NE Loop

      Office/retail space with ample parking in high-traffic area.
      414 E Loop 281 Suite 14, Longview, TX 75605
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 6,140 sq ft medical office or traditional use space.
    Where is this medical office space located?
    The property is located at 1506 Judson Rd Longview, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 6,140 sq ft Medical Office or traditional use space.; **7 Exam Rooms plumbed with water and electrical.**; **Class A interior finish.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John King
    Real Estate License ID: TX
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1506 Judson Rd, Longview, TX 75601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!