416 Skinner Ln, Longview, TX 75605
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.