Property profile

322 Hawkins Pkwy Longview, TX 75605

OFF-MARKET
Commercial real estate
Property ID
US82-9823722
5,023 SF 1.84 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A, 5,188-square-foot restaurant building is available for sale in Longview, Texas. Located at 322 E Hawkins Pkwy, this vacant, single-story property boasts a desirable location, situated just half a mile east of Longview High School, ensuring high visibility and accessibility. Built in 2018, the property features a convenient drive-thru with an escape lane, a substantial 148-square-foot walk-in freezer, and a 295-square-foot walk-in cooler, making it ideal for a variety of quick-service or full-service restaurant concepts. The property sits on an approximately 5,000-square-foot pad site, offering potential for expansion or additional parking. The building is zoned GR - General Retail, providing flexibility for future uses. With 83 parking spaces available, ample customer parking is ensured. The asking price is $2,499,000, translating to $481.69 per square foot. This turnkey opportunity presents a rare chance to acquire a well-equipped, strategically located restaurant in a thriving Texas market. The property's features and location make it an attractive investment for discerning buyers seeking a high-return opportunity in the Longview area. The APN is 1358010001-001-00-02.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 5,023 SF
Lot 1.84 ac (80,150 SF)
APN 1358010001-001-00-02
UPID US82-9823722

Cap rate & NOI

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

Location

322 Hawkins Pkwy Longview, TX 75605-7904
Longview metro Census 202 LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
$780k
Comparable Approach Comparable
$636k
Blend (final) Blend
$600k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2019
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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