$499,400
2516 MLK Blvd., Longview, TX, 75602
On Market
Commercial
About this property
Ample square footage at an exceptional value. This expansive property offers over 31,000 square feet and has previously operated as a nursing home, private school, and individual apartments—providing a wide range of redevelopment possibilities. Features include a large commercial kitchen and spacious dining area, ideal for institutional, residential, or mixed-use concepts. Endless potential for investors or owner-operators seeking scale and flexibility. Property is being sold as-is.
Investor Tools
$0Estimated Mortgage Balance
$499,400Estimated 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
$2,996 /month
Positive
Cash Flow Estimate:
$999 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
