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Property profile

117 Stevens St Longview, TX 75604

OFF-MARKET
Commercial real estate
Property ID
US82-4613103
0.33 ac lot
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Property summary

AI-generated overview

This exceptional 0.33-acre commercial lot presents a unique investment opportunity in the thriving city of Longview, Texas. Located at 117 Stevens St, this property is being offered for land value only. Existing structures, a home and shop, are condemned and will require demolition. This presents a blank canvas for developers and investors seeking to capitalize on the prime location and significant potential for redevelopment. The property's size offers flexibility for a variety of commercial ventures, from small-scale retail to light industrial uses, subject to city zoning regulations. Given its location in Longview, the property benefits from convenient access to major transportation routes and a robust local economy. The asking price of $90,000 reflects the land value and the need for site preparation. This is an ideal opportunity for those with vision and a willingness to undertake a redevelopment project. Serious inquiries are encouraged to explore the possibilities and conduct due diligence regarding zoning and permitted uses. The property is sold "as is," with the buyer responsible for all demolition, site preparation, and permitting costs. Don't miss this chance to acquire a valuable piece of Longview real estate with significant upside potential. Act quickly, as opportunities like this are rare.

Property profile

Verified
Property type Commercial real estate
Lot 0.33 ac (14,375 SF)
UPID US82-4613103

Cap rate & NOI

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

Location

117 Stevens St Longview, TX 75604
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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