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Property profile & analytics

5622 Fm 2087 Longview, TX 75603

  • Commercial real estate
  • 16,845 SF
  • 7.31 lot acres
OFF-MARKET
Value Estimations
$600,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-6758962
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 5622 Fm 2087

Lot size
7.31 lot acres
Property size
16,845 SF
Property type
Commercial real estate
APN
0123006400-031-01-03
APU
1230064000310103

Description

This exceptional commercial property in Lakeport, Texas, offers a unique investment opportunity. Situated on a 2.69-acre lot at the southwest corner of FM 2087 and Interstate 20, the property boasts 185 feet of frontage on FM 2087, ensuring high visibility. The complex comprises four buildings totaling 18,914 square feet. Building one is a 2,464 square foot office building featuring a reception area, six or more offices, a conference room, an open work area, an IT/file room, two restrooms, and a break room. Building two offers 1,410 square feet of office/storage space divided into two large areas. A substantial 12,040 square foot shop building is also included, featuring a 16-foot eave height, six drive-through bays, thirteen to fourteen 14'x14' overhead doors, insulation, partial heating, skylights, high-bay and fluorescent lighting, a parts area, a shop office, a 12'x30' overhead mezzanine storage area, a 10'x10' compressor shed, a restroom, and a 20'x60' concrete apron. Finally, a 3,000 square foot storage shed with three sides, a concrete slab, and eight 12.5-foot wide bays, along with a 20'x20' concrete apron, completes the complex. The property also includes a fenced, stabilized yard area with a 24-foot wide rolling gate. This versatile property is perfect for a variety of commercial uses and offers significant potential for growth and return on investment. The property's prime location and substantial square footage make it an attractive option for businesses seeking a well-equipped and strategically located facility.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $425,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $775,000
    Market price range: $775k - $2.64M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Longview
County
Gregg
State
Texas
Longitude
-94.7928
Latitude
32.4332
CBSA code
30980
CBSA name
LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,534
$47,520
$178,030
$225,550
-
$47,520
$178,030
$225,550
More about this property
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