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1515 S Mobberly Ave
Longview, TX 75602
Retail Property For Sale
Investment Highlights
- Recently renovated (2022) minimizes near-term capex
- Multiple revenue streams (fuel, merchandise, rebates, potential food service)
- Included residential asset adds value + optional income
- Established sales history with consistent performance
- Large lot with operational flexibility
- Opportunity to increase margins through food program optimization
Executive Summary
Offered for sale is a fully remodeled, income-producing, branded convenience store and fuel operation situated on approximately 1 acre. This turnkey investment combines strong in-place cash flow, a long-term branded fuel agreement, on-site residential housing, and multiple value-add opportunities for future revenue growth.
The retail store has been completely renovated with all new systems, finishes, and equipment, providing a modern shopping experience and efficient operations. The property is branded Diamond Shamrock under a 7- year rack + 1 agreement, offering stability and brand recognition. Fuel operations include four double-sided gas pumps supported by a modern Passport POS system.
In addition to the retail and fuel components, the property includes a 4-bedroom, single-family residence in good condition, featuring a newly installed roof. The residence is currently used as employee housing, generating supplemental rental income.
The retail store has been completely renovated with all new systems, finishes, and equipment, providing a modern shopping experience and efficient operations. The property is branded Diamond Shamrock under a 7- year rack + 1 agreement, offering stability and brand recognition. Fuel operations include four double-sided gas pumps supported by a modern Passport POS system.
In addition to the retail and fuel components, the property includes a 4-bedroom, single-family residence in good condition, featuring a newly installed roof. The residence is currently used as employee housing, generating supplemental rental income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
3,505 SF
Building Class
C
Year Built/Renovated
1972/2022
Price
$2,100,000
Price Per SF
$599.14
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.02 AC
Zoning
I-1
Frontage
184’ on S Mobberly Ave.
Amenities
- Corner Lot
- Signage
Property Taxes
| Parcel Number | 34216 | Improvements Assessment | $283,640 |
| Land Assessment | $26,780 | Total Assessment | $310,420 |
Property Taxes
Parcel Number
34216
Land Assessment
$26,780
Improvements Assessment
$283,640
Total Assessment
$310,420
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