Property profile

8753 Sh 149 Longview, TX 75603

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This prime commercial property, located at 8753 SH 149 in Longview, Texas, presents a unique investment opportunity. The 3,880 square foot building, formerly a TD Mart, is strategically situated at the intersection of Highways 149 and 349, offering convenient access to Lakeport and Lake Cherokee. The building is divided into three distinct units, each with its own front and rear entry doors and restroom facilities. Unit #1, a former restaurant, includes tables, chairs, stainless steel sinks, prep tables, and commercial-grade appliances. Unit #2, the former TD Mart convenience store, retains shelving, refrigerated coolers (including a walk-in unit), deli/kitchen equipment, and gas pump dispensers with an overhead canopy. Note that the underground storage tanks (USTs) were operational in 2021. An open doorway connects Unit #2 to Unit #1. Unit #3 offers approximately 15x40 feet of open space, along with a break room and storage area. A 1216 square foot mobile home, built in 1996, is included in the sale, with all utilities currently connected. This versatile property offers significant potential for various commercial uses, benefiting from its high-traffic location and existing infrastructure. The asking price is $549,900. The property is located in Gregg County, Texas, zip code 75603.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8753 Sh 149 Longview, TX 75603
Longview metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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