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    OFF-MARKET
    Commercial real estate

    416 Skinner Ln, Longview, TX 75605

    5.63 ac lot
    Individually Owned 1-yr Hold
    Property ID
    US82-2000907
    Property summary
    AI-generated overview

    This exceptional 5.629-acre commercial land parcel presents a unique investment opportunity in Longview, Texas. Located at 416 Skinner Lane, this property boasts approximately 210 feet of frontage on Skinner Lane, offering excellent visibility and accessibility. The land is situated roughly half a mile south of the intersection of FM 449 and Skinner Lane. The property is characterized by a mix of terrain, with approximately 75% wooded and 25% cleared, with the frontage area being cleared. Utilities are readily available, including electricity provided by Upshur Rural Electric Company, water service from Tryon Water Company, and a septic system via an aerobic system. The asking price is $225,160, translating to $40,000 per acre. The property's APN is 184144. It's important to note that the property is outside city limits and therefore has no permitted zoning. This presents a blank canvas for developers seeking to create a tailored commercial project. The location offers potential for various commercial uses, subject to Gregg County regulations and permitting. This is a rare opportunity to acquire a sizable commercial lot in a desirable location with readily available utilities.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5.63 ac (245,199 SF)
    APN 184144
    UPID US82-2000907
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Tryon Road Special Utility District · 1 yrs held
    Tryon Road Special Utility District
    since 2024
    2 recorded transactions
    2024
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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