Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
5016 Gilmer Rd Longview, TX 75604
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-3079365
For Sale
1 / 5
$7,257,793
5016 Gilmer Rd, Longview, TX 75604
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
13,857 SF
Lot
3.43 ac (149,411 SF)
APN
0359018605-013-00-02
UPID
US82-3079365
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
-
Dr. Stacey L. Holder, MD Physician
-
Precision Spine Care - Longview Physician
-
Austin Harper Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$2.01M
Owner & transaction history
5016 Gilmer Rd LLC · 1 yrs held
5016 Gilmer Rd LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$2,340,000
6.5%
$2,160,000
7%
$2,005,000
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±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
$145 / 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
$42,361
Tax year 2023
Assessed value
$2,000,000
Assessed 2024
Previous assessed
$2,000,000
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$35,670
Assessed improvement
$1,964,330
Land market value
$35,670
Improvement market value
$1,964,330
Total market value
$2,000,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Heating
NONE
Stories
1
Total area
13,857 SF
Lot
3.43 ac (149,411 SF)
APN
0359018605-013-00-02
UPID
US82-3079365
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
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
5016 Gilmer Rd LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 9487, TYLER, TX 75711-9487
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
—
5016 Gilmer Rd LLC
Roseland Sticks & Bricks LLC
Special Warranty Deed
—
Jul 1, 2020
—
Roseland Sticks & Bricks LLC
—
Deed Of Trust
related
$100,000 · Austin Bk/tx
May 13, 2019
—
Roseland Sticks & Bricks LLC
—
Deed
related
$1,800,000 · Austin Bk/tx
—
—
Roseland Sticks & Bricks LLC
—
Deed Of Trust
related
$1,800,000 · Austin Bk/tx
—
—
G Mcbride INC
—
Deed Of Trust
related
$145,000 · Austin Bank Texas NA
—
—
G Mcbridge INC
—
Loan Modification
related
$195,659 · Austin Bk/tx
—
—
Roseland Sticks & Bricks LLC
—
Deed Of Trust
related
$358,878 · Austin Bk/tx
—
—
Roseland Sticks & Bricks LLC
—
Deed Of Trust
related
$486,000 · Austin Bk/tx
—
—
G Mcbride INC
—
Loan Modification
related
$198,933 · Austin Bank Texas NA
—
—
Beacon Hospice
—
Deed Of Trust
related
$1,310,000 · East Texas Regional Dev Co INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
