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    5315 George Richey Rd Longview, TX 75605

    For Sale
    Contact for pricing

    Longview, TX commercial land - ideal development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.52-acre commercial land parcel presents a remarkable investment opportunity in Longview, Texas. Strategically located at 5315 E. George Richey Rd., this property boasts a highly visible hard corner location at a lighted intersection, offering unparalleled exposure to significant traffic volume. The site benefits from direct frontage on US Highway 259 N and George Richey Rd, ensuring maximum visibility and accessibility for any commercial development. Situated in Gregg County, this land is zoned for commercial use, although specific zoning details are not currently available. All necessary utilities are readily available to the site, simplifying the development process. This property is situated within a rapidly expanding area of Longview, making it an attractive prospect for businesses seeking to capitalize on the region's growth trajectory. The expansive lot size provides ample space for a variety of commercial ventures, from retail establishments to office buildings or industrial facilities. The asking price is available upon request. This prime location and substantial lot size make this an exceptional opportunity for investors and developers alike. Don't miss out on this chance to secure a prominent position in Longview's thriving commercial landscape.

    Property Features for 5315 George Richey Rd

    General Information

    Property type
    Land
    Lot Size
    109,771 SF

    Building Details

    Buildings
    1

    HighLights

    • 2.52‑acre commercial pad site for sale.
    • Hard corner lot at a lighted intersection.
    • Direct frontage on US Highway 259 N and George Richey Rd.
    • Located in Gregg County, Texas.
    • Utilities available.
    • Situated in a rapidly growing area of Longview.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Hotel & Motel Food Market Storage Facility Grocery Store Bar & Pub Electrical Service Electronics Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.7368
    Latitude
    32.573359

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    FAQs

    What type of property is this?
    Land - Longview, TX commercial land - ideal development opportunity.
    Where is this land located?
    The property is located at 5315 George Richey Rd Longview, TX.
    What are key features of this property?
    This property features: 2.52-acre commercial pad site for sale.; Hard corner lot at a lighted intersection.; Direct frontage on US Highway 259 N and George Richey Rd.
    Request Owner's contact information
    5315 George Richey Rd Longview, TX 75605
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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
    5315 George Richey Rd Longview, TX 75605
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