4917 Gilmer Rd Longview, TX 75604
This Longview, Texas property, situated on a 1.152-acre lot with ample road frontage, offers a unique blend of residential and commercial space. The property includes two buildings: a 40 x 60 workshop featuring a climate-controlled office with custom woodwork and a full bath, and a charming three-bedroom, one-bathroom home. The workshop boasts spray foam insulation throughout, making it ideal for various uses, including but not limited to HVAC technicians, woodworkers, automotive shops, or hobbyists requiring substantial storage. The property's zoning is permitted for agricultural use. Built in 1950 and renovated in 2012, this mixed-use property presents a compelling investment opportunity for owner-users seeking a combined living and workspace or those looking for a rental income stream. The property's location offers convenient access to local amenities, Spring Hill ISD schools, and major commuter routes. The total square footage ranges from 1,034 to 2,400 square feet, and the asking price is $324,000. This property is perfect for entrepreneurs seeking a flexible and convenient location to operate their business while enjoying the comfort of a nearby residence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.