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Property profile & analytics

2455 Eastman Rd Longview, TX 75605

  • Commercial real estate
  • 7,245 SF
  • 1.14 lot acres
For Sale
Last Sale
May 19, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-4632226
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Street-Licious Gourmet Grilled Cheese / Restaurant

Property Details for 2455 Eastman Rd

Year built
1982
Lot size
1.14 lot acres
Property size
7,245 SF
Property type
Commercial real estate
APN
0230026201-004-00-02
APU
2300262010040002

Description

This exceptional 21.5-acre property at 2455 N Eastman Rd, Longview, Texas, presents a unique redevelopment opportunity. The site features a 11,651 square foot, single-story building constructed in 1986 and renovated in 2017, previously used as a private school and administrative office. This building sits on approximately 3.5 acres and is divisible from the remaining 18 acres. The larger parcel offers significant potential for various uses, including multi-family residential, self-storage, retail, office, or medical office developments. Its prime location boasts ample frontage on Highway 259 (N Eastman Rd), providing excellent visibility and accessibility. The property's zoning is classified as "C," allowing for a wide range of commercial and mixed-use projects. The seller is open to negotiating and is flexible regarding the division of the property, offering options for purchasing all or part of the land. The expansive acreage is strategically located near existing multi-family and single-family residential areas, and it connects to the Cargill-Long Park Trails System on its western boundary. Three existing pads are available, making it ideal for quick-service restaurants (QSR) or similar uses. This is a Class B property with fee simple ownership, offering a compelling investment for owner-users seeking a prime location in a growing Texas market. The property's size and location make it an attractive prospect for developers seeking a large-scale project or investors looking for a flexible, divisible asset. The existing building provides immediate income potential or a solid foundation for redevelopment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Longview
County
Gregg
State
Texas
Longitude
-94.7209
Latitude
32.5269
CBSA code
30980
CBSA name
LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,379
$74,360
$579,720
$654,080
-
$74,360
$579,720
$654,080
More about this property
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