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    701 Access Rd Longview, TX 75602

    Sponsored
    For Sale
    $680,000

    Prime 2.37-acre commercial lot in Longview, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.374-acre commercial land parcel presents a remarkable redevelopment opportunity on I-20 Access Road in Longview, Texas. Strategically located between established hotels – La Quinta Inn, Red Roof Inn, and Holiday Inn Express – this property boasts unparalleled visibility and accessibility. The site offers approximately 370 feet of frontage along I-20, providing two convenient access points for maximum exposure to the high traffic volume of this major thoroughfare. East and west visibility is excellent, ensuring high traffic counts and significant potential for attracting a diverse range of businesses. The property's location is further enhanced by its proximity to Letourneau University, less than two miles away, adding to its appeal and potential for attracting a student-oriented clientele. The Gregg County location, with a zip code of 75602, offers easy access to major transportation routes and a thriving local economy. The APN is 1-00000-1004-00-087040. This is an exceptional opportunity for developers seeking a high-impact location for a variety of commercial ventures. The asking price for this prime commercial land is $680,000.

    Property Features for 701 Access Rd

    General Information

    Property type
    Land
    Lot Size
    103,411 SF

    HighLights

    • 2.37‑acre commercial land parcel with 370 feet of I‑20 frontage.
    • Two I‑20 access points.
    • High visibility from I‑20, east and west.
    • High traffic counts due to I‑20 location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office 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
    -94.7151459
    Latitude
    32.4488327

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    FAQs

    What type of property is this?
    Land - Prime 2.37-acre commercial lot in Longview, TX.
    Where is this land located?
    The property is located at 701 Access Rd Longview, TX.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: 2.37-acre commercial land parcel with 370 feet of I-20 frontage.; Two I-20 access points.; High visibility from I-20, east and west.
    (903) 245-0238
    Request Owner's contact information
    701 Access Rd Longview, TX 75602
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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
    701 Access Rd Longview, TX 75602
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