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$662,200

NAL Estimated Property Value

406-410 N Fourth St, Longview, TX, 75601

$860,860 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths9,416 Sq Ft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size20,926 sqft

Building Information

Year Built1978
Stories1
Garage Spaces35

Land Information

APN7050000022-008-00-02
Lot Number8-10
SubdivisionTexas Land Company
Land UseCommercial
Legal DescriptionLTS 8 THRU 10 BLK 22 (NCB 97) TEXAS LAND CO (W 27' LT 8)
Census Tract001100
Assessed Land Value$47,080
Assessed Improvement Value$615,120
Assessment Year2025

About this property

Well established medical facility situated in the heart of Longview's medical district, just south of Christus Good Shepherd Hospital. This is a prime location for medical facilities, ensuring convenient access for patients and healthcare professionals. Spans over 9400 square feet, providing ample space for various medical services and facilities. Significant updates were carried out in 2022, including a new roof and two new rooftop HVAC units. These upgrades enhance the building's efficiency and reduce maintenance concerns. Includes a separate HVAC system specifically for the IT server room, ensuring optimal conditions for sensitive equipment and data management. Offers multiple patient rooms equipped with water connections, catering to diverse medical needs and specialties. Provides ample parking space, which is crucial for accommodating patients, visitors, and staff members comfortably. This combination of location, size, recent updates, specialized infrastructure, and ample amenities makes the medical office space particularly attractive for healthcare providers looking to establish or expand their practice in Longview's bustling medical district.

Investor Tools

Property Icon
$662,200
Estimated Property Value
$0Estimated Mortgage Balance
$662,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$860,860
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,973 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,985
$662,200
2025
$47,080
$615,120
$662,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,985
$662,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$662,200
100%
0%
$0/mo

City: Longview

406-410 N Fourth St | Property Details | No Agent List