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Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Industrial properties
300 Service Dr Longview, TX 75604-5425
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4611854
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1961
Total area
22,710 SF
Lot
23.13 ac (1,007,543 SF)
APN
0369000403-001-00-02
UPID
US82-4611854
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rescar Inc Industrial Manufacturer Metal Fabrication Plant
-
Eagle Railcar Services Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.84M
Owner & transaction history
Eagle Railcar Services-longvie · 6 yrs held
Eagle Railcar Services-longvie
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+46.7%
Auto repair, garage
$1.5M
+12.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Longview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longview submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,210,000
6.5%
$2,040,000
7%
$1,895,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,295,000
Current use
COMMERCIAL (GENERAL)
$1,900,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,455,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,026
Tax year 2023
Assessed value
$1,998,370
Assessed 2024
Previous assessed
$2,026,950
-1.4% YoY
Effective rate
0.85%
On assessed value
Assessed land
$346,950
Assessed improvement
$1,651,420
Land market value
$346,950
Improvement market value
$1,651,420
Total market value
$1,998,370
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1961
Heating
NONE
Buildings
3
Stories
1
Total area
22,710 SF
Lot
23.13 ac (1,007,543 SF)
APN
0369000403-001-00-02
UPID
US82-4611854
Jurisdiction
GREGG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Stories
1
Buildings
3
Lot
23.13 ac
Current owner
From public records · entity-resolved
Eagle Railcar Services-longvie
Individual
Free & Clear · 6 yrs held
Mailing address
9701 INTERSTATE 20TH E, EASTLAND, TX 76448-5615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2020
—
Eagle Railcar Services-longv
—
Deed
related
$68,000,000 · Bbva USA
Aug 19, 2019
—
Eagle Railcar Services-longvie
Rescar INC
Grant Deed
related
—
Jan 14, 2019
—
Rescar Companies
—
Grant Deed
related
$40,000,000 · Wells Fargo Bk
Jul 31, 2009
—
Rescar INC
—
Deed Of Trust
related
$35,000,000 · Lasalle National Bank
—
—
Rescar Companies
—
Loan Modification
related
—
—
—
Rescar Companies
—
Loan Modification
related
—
—
—
Rescar Cos
—
Loan Modification
related
$100,000,000 · Bank Of America
—
—
Rescar Cos
—
Loan Modification
related
$100,000,000 · Bank Of America
—
—
Rescar INC
—
Loan Modification
related
—
—
—
Rescar INC
—
Loan Modification
related
—
—
—
Eagle Railcar Services-longv
—
Deed Of Trust
related
$68,000,000 · Bbva USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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