Property summary
Exceptional investment opportunity: a 62,112-square-foot manufacturing facility in Longview, Texas, currently leased to Modine Manufacturing Company (NYSE: MOD), a credit-rated tenant with a long history of success. This industrial property sits on a 7.29-acre lot and boasts a 7.50% cap rate. The building, constructed in 2004 and significantly renovated in 2019 and 2024, features heavy power, multiple cranes, one dock-high door, and twenty-six grade-level doors. Ample outdoor space provides… parking and potential for expansion. The current lease, a net lease with annual rent bumps, runs through February 28, 2030, with two five-year renewal options at 95% of fair market value. The property benefits from a below-market rent of $5.20 per square foot, compared to CoStar's projected market rent of approximately $6.49 per square foot. Recent improvements include a new roof (2024) and extensive renovations in 2019 encompassing electrical, plumbing, and HVAC systems. Modine's planned 2025 renovations further demonstrate their commitment to the location. The property's strategic location in Longview, Texas, adjacent to I-20, offers excellent access to major transportation routes and the Port of Houston. Longview's business-friendly environment, including no state income tax, adds to the property's appeal. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and significant upside potential. The asking price is $4,306,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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