Property profile

0 Toler Rd Longview, TX 75605

OFF-MARKET
Land
4.67 ac lot
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Property summary

AI-generated overview

This exceptional 4.67-acre commercial land parcel presents a unique investment opportunity in Longview's thriving retail corridor. Ideally situated for development, this single-tenant property offers significant potential for various uses, including pad sites. Its prime location boasts exceptional visibility and accessibility, surrounded by established businesses and residential communities. Directly adjacent to a Walmart Supercenter and a major anchored shopping center featuring Aldi, Ross, Big Lots, and Burkes Outlet, this property benefits from high foot traffic and strong consumer demographics. Furthermore, the property's proximity to two apartment complexes, including a new 144-unit complex slated for completion in Q4 2024, ensures a robust and growing customer base. Within a 100-yard radius, a variety of popular national brands are already established, including Starbucks, El Sombrero, Smoothie King, Pizza Hut, Valvoline, Sonic, and HTeoO, creating a vibrant and convenient retail environment. The property's size and location make it suitable for a wide range of commercial developments, offering investors a compelling opportunity to capitalize on Longview's dynamic market. The land can be sold as a whole or subdivided into smaller pad sites, providing flexibility for various development scenarios. This is a rare chance to acquire a significant commercial land parcel in a high-demand area with exceptional growth potential.

Property profile

Verified
Property type Land
Lot 4.67 ac (203,425 SF)

Cap rate & NOI

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

Location

Toler Rd Longview, TX 75605
Longview metro
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Value estimations

Realmo proprietary · 4 methods
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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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