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    149 Nec Estes Dr & Hwy Longview, TX 75603

    For Sale
    Contact for pricing

    1.74-acre Wal-Mart adjacent pad. High traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.74-acre commercial land parcel presents a prime retail opportunity in Longview, Texas. Situated at the hard corner of Estes Drive and Highway 149, this fee simple property benefits from a fully signalized intersection and excellent visibility. The site is directly adjacent to a Wal-Mart Supercenter, ensuring high traffic counts and a strong customer base. Other nearby businesses include AutoZone, Dollar Tree, Cash Store, Murphy Fuels, Cato, Jucy Taco, Tidal Wave Car Wash, McDonald's, Starbucks, and Taco Bell, creating a vibrant retail environment. The property offers convenient ingress/egress points to the Wal-Mart Supercenter. This location is ideal for a variety of uses, including retail establishments, drive-thru restaurants, or even a hotel. The substantial daytime population is fueled by major employers such as Komatsu Mfg, LeTourneau University, Texas Eastman, Sysco Foods, Hatco, Micro Metal, AAON, AirGas, Westlake Chemical, Lake Cherokee, and the Longview Industrial Park (including Tractor Supply DC, Smurfit Kappa, Holt Cat, Crosby, Longview Road and Bridge). The property is divisible, offering flexibility for potential buyers. This is a rare opportunity to acquire a highly visible and strategically located parcel in a thriving commercial area.

    Property Features for 149 Nec Estes Dr & Hwy

    General Information

    Property type
    Individual retail properties
    Lot Size
    75,794 SF

    HighLights

    • High‑traffic location adjacent to a Walmart Supercenter.
    • Hard corner lot at a signalized intersection on a major thoroughfare.
    • Direct access point to the Walmart Supercenter.
    • Excellent site for retail or drive‑thru restaurant development.
    • Ideal location for a hotel.
    • Divisible parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.7165532
    Latitude
    32.4389928

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    FAQs

    What type of property is this?
    Individual retail property - 1.74-acre Wal-Mart adjacent pad. High traffic location.
    Where is this individual retail property located?
    The property is located at 149 Nec Estes Dr & Hwy Longview, TX.
    What are key features of this property?
    This property features: High-traffic location adjacent to a Walmart Supercenter.; Hard corner lot at a signalized intersection on a major thoroughfare.; Direct access point to the Walmart Supercenter.
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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
    149 Nec Estes Dr & Hwy Longview, TX 75603
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