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    315 Spur 63 Longview, TX 75601

    Sponsored
    For Lease
    $14 SF/Yr ($14,368 /Mo)

    1,500 SF Office, High Traffic Area

    Lot size:
    12,316 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 12,316 square foot Class B office building, constructed in 1994 and renovated in 2018, offers 1,500 square feet of immediately available space. Located at 315 N Spur 63, Longview, TX 75601, this property boasts a prime location with excellent visibility and high traffic counts. The building features 16-foot ceilings, 220-volt power, and ample parking with 140 spaces. The minimum divisible space is 750 square feet, with a maximum contiguous space of 1,500 square feet currently available. The property is zoned C1 and benefits from strong surrounding retail, including a Kroger Signature Grocery Store. High traffic counts are ensured by its proximity to Marshall Ave (Hwy 80) with 45,951 vehicles per day and Spur 63 (McCann Rd) with 42,941 vehicles per day. The building offers excellent pylon signage opportunities, as well as building and monument signage. Property taxes are $0.87 per square foot. Mechanical, electrical, and plumbing (MEP) and HVAC systems are in place. This location is just north of Longview's top four intersection and is adjacent to a major grocery store. The area also includes a variety of other retailers, including Walgreens, CVS, and several restaurants. The property is part of the Longview Town Center in the East Texas submarket.

    Property Features for 315 Spur 63

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,316 SF
    Class
    B
    Total Rate
    14368.67

    Building Details

    Year Built/Renovated
    1994/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104
    Size
    1,382 SF
    Rate per SF
    $14
    Space
    Suite 102
    Size
    1,505 SF
    Rate per SF
    $14

    HighLights

    • 12,316 SF Class B office building, built in 1994, renovated in 2018, with 1,500 SF immediately available for lease.
    • Located at 315 N Spur 63, Longview, TX 75601, offering excellent visibility and high traffic counts due to proximity to Hwy 80 and Spur 63.
    • Features 16‑foot ceilings, 220‑volt power, 140 parking spaces, and pylon/monument signage opportunities.
    • Minimum divisible space is 750 SF, with a maximum of 1,500 SF currently available; C1 zoning.
    • Strong surrounding retail, including Kroger, Walgreens, CVS, and various restaurants; Property taxes are $0.87/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    C. Woods Company Hvac Contractor First Class Glass ... Tobacco Shop Stay lit Nutrition Cafe The Emotional Club Clothing Store Hertz Car Rental ... Car Rental Agency

    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
    -94.7502898296
    Latitude
    32.502119133664

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    FAQs

    What type of property is this?
    Restaurant - 1,500 SF Office, High Traffic Area
    Where is this restaurant located?
    The property is located at 315 Spur 63 Longview, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 12,316 SF Class B office building, built in 1994, renovated in 2018, with 1,500 SF immediately available for lease.; Located at 315 N Spur 63, Longview, TX 75601, offering excellent visibility and high traffic counts due to proximity to Hwy 80 and Spur 63.; Features 16-foot ceilings, 220-volt power, 140 parking spaces, and pylon/monument signage opportunities.
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    315 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
    315 Spur 63 Longview, TX 75601
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