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$575,000

NAL Estimated Property Value

1203 E SH 31, Longview, TX, 75604

Off MarketInfo
CommercialInfo

About this property

Welcome to this exceptional 5.05-acre commercial property boasting a prime location on Hwy 31, just inside Loop 281. With extensive road frontage on Hwy 31 and proximity to key landmarks such as the Fairgrounds and Maude Cobb Convention Center, this property offers unparalleled visibility and accessibility. Conveniently situated with easy access to Interstate 20 and Loop 281, it presents a rare opportunity for various commercial ventures. Formerly utilized as a mobile home community, making it an ideal investment for exploring alternative commercial ventures. The presence of a building on-site previously used as an office, along with covered storage, further enhances its versatility and potential for various business endeavors. The gated entrance ensures security and controlled access, while paved roads traverse the property, providing convenience and ease of navigation for visitors and tenants alike.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$0Estimated Mortgage Balance
$575,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Longview

1203 E SH 31 | Property Details | No Agent List