0 Tbd Toler Rd Longview, TX 75605
This exceptional 29.67-acre land parcel in Longview, Texas, presents a prime opportunity for multi-family residential development. Located on TBD Toler Road, this property boasts a highly desirable Planned Development - Multi-Family zoning designation, allowing for a variety of residential construction projects. Its strategic location between Gilmer Road and Loop 281 offers convenient access to major thoroughfares, enhancing its appeal to potential residents. The property is situated directly across from McWhorter Park, providing residents with immediate access to recreational amenities. Furthermore, its proximity to a wealth of retail options, including Walmart, Starbucks, Super One, Super Mercado, and various restaurants, adds significant value. The Pine Tree ISD serves the area, ensuring access to quality education. While a small portion of the land at the rear, near a creek, falls within a flood zone, the majority of the acreage is unaffected. This presents a unique opportunity to develop a thriving residential community in a highly sought-after location. The asking price for this exceptional development opportunity is $965,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.