901 Pine Tree Rd Longview, TX 75604
- Commercial real estate
- 3,500 SF
- 0.24 lot acres
Current Use by Public Records
- H2O NAIL & SPA / Nail Salon
- Honeypot Beauty Haus / Beauty Salon
- JOCELYN APPLIANCES AND FURNITURE / Refrigerator Store / Bedroom Furniture Store
Property Details for 901 Pine Tree Rd
- Year built
- 1961
- Lot size
- 0.24 lot acres
- Property size
- 3,500 SF
- Property type
- Commercial real estate
- APN
- 7410000001-003-00-02
- APU
- 74100000010030002
Description
This exceptional Longview, TX retail investment presents a compelling opportunity. Located at 901 Pine Tree Road, this 5,000 square foot property sits on a 0.24-acre lot and is priced at $450,000. The sale includes the adjacent property at 903 Pine Tree Road, which requires complete renovation. Currently, two tenants occupy the space: an appliance store on a month-to-month lease and a hair and nail salon under a longer-term contract. The appliance store lease awaits renewal by the new owner. An additional 2,000 square feet is available for owner-occupancy, suitable for either residential or commercial use. The property boasts ample parking and is conveniently situated near major thoroughfares and other businesses. While the main building is in good condition, some exterior updates are recommended. This property is located in an opportunity zone, offering significant tax advantages for investors. The combination of existing income, potential for lease expansion, and owner-occupancy options makes this a truly unique investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Gregg
- State
- Texas
- Longitude
- -94.7989
- Latitude
- 32.5149
- CBSA code
- 30980
- CBSA name
- LONGVIEW, TX METROPOLITAN STATISTICAL AREA
