3708 Eastman Rd Longview, TX 75602
This exceptional industrial property in Longview, Texas, presents a compelling investment opportunity. The 18,645-square-foot facility sits on a generous 3.686-acre lot and underwent a complete renovation in 2022. The property comprises two buildings: a 12,445-square-foot showroom/shop building and a 6,200-square-foot service building. The showroom/shop boasts a 5,020-square-foot HVAC-equipped office, a 4,345-square-foot parts area, and a 3,080-square-foot shop/service area. This section features four ground-level overhead doors, one dock-high overhead door, a 350-square-foot covered entry, 2,800 square feet of covered storage, and a 1,200-square-foot loading ramp. The service building includes a 1,200-square-foot HVAC office, a 5,000-square-foot shop area, eight 12'x14' ground-level overhead doors, one 8'x10' overhead door, a 600-square-foot covered wash area, and two bridge cranes (one 3-ton, one 6-ton) with 45-foot spans. Extensive paved areas totaling over 113,000 square feet (concrete, asphalt, and gravel) provide ample parking and maneuvering space. Security is enhanced by approximately 1,600 linear feet of chain link fencing and 500 linear feet of metal pipe fencing. Strategically located along the west side of S. Eastman Road, just south of Interstate 20, within Longview city limits (zip code 75602), this property offers excellent access and visibility. The asking price is $2,300,000, translating to $123.36 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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