Property profile

100 Hawkins Pkwy Longview, TX 75605

OFF-MARKET
Commercial real estate
Property ID
US83-4017088
16,725 SF 2.67 ac lot Built 1981
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 16,420-square-foot medical office building in Longview, Texas, presents a compelling investment opportunity. Located at 100 W Hawkins Pkwy, this single-story, Class B property boasts a prime location within a thriving medical hub in East Texas. The building, constructed in 1981 and extensively renovated in 2023, is currently 100% occupied by four strong tenants: Heart to Heart Hospice, Elara Caring, Oceans Healthcare, and Guaranty Bank. These long-term tenants benefit from mission-critical locations, making the property highly resistant to economic downturns. The Net Lease (NNN) structure minimizes landlord responsibilities, while built-in rent bumps ensure consistent income growth. With an 8.20% cap rate and a strong NOI of $221,533, this property offers a significant return on investment. The 2.67-acre lot provides ample space, and the high-visibility corner location ensures excellent exposure. The property's proximity to multiple hospital systems, new residential developments, shops, and restaurants further enhances its value. Priced at $2,700,000 ($164.43/sq ft), this offering represents a below-replacement-cost opportunity in a densely populated, rapidly growing area. The five units are spread across one building.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 16,725 SF
Lot 2.67 ac (116,305 SF)
APN 6910047201-004-00-02
UPID US83-4017088

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Crisis Center Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Nursing Home

Location

100 Hawkins Pkwy Longview, TX 75605-1816
Longview metro Census 401 LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$680k
Blend (final) Blend
$540k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

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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