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3110 GILMER RD 3110 Gilmer Rd 3,500 SF 100% Leased Office Building Longview, TX 75604 $425,000 ($121.43/SF)
INVESTMENT HIGHLIGHTS
- HEAVY TRAFFIC AREA
- EXCELLENT INVESTMENT OPPORTUNITY
- LONG TERM TENANTS
EXECUTIVE SUMMARY
EXCELLENT INVESTMENT OPPORTUNITY . OFFICE BUILDING IN NORTH LONGVIEW IN GREAT LOCATION. 1ST TIME FOR SALE IN ALMOST 25 YEARS. 2 LONG TERM TENANTS FOR OVER 20 YEARS. 1500 SQ FT MEDICAL OFFICE ON ONE SIDE WITH 5 EXAM ROOMS, OFFICE AND RECEPTION AREA. ADDITIONAL 2000 SQ FT ADJACENT WITH 5 OFFICES, RECEPTION / WAITING AREA AND KITCHEN / BREAKROOM. SMALLER SIDE LEASE EXPIRES IN AUGUST 2027 AND LARGER SIDE IS NOW MONTH TO MONTH BUT WILL SIGN NEW LEASE WITH NEW OWNER. PARKING LOT RESURFACED IN 2018, NEW ROOF IN 2020, NEW A/C UNITS IN 2025. APPOINTMENT ONLY CALL FOR ADDITIONAL DETAILS.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,500 SF
Building Class
B
Year Built
1973
Price
$425,000
Price Per SF
$121.43
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,500 SF
Building FAR
0.31
Lot Size
0.26 AC
Zoning
COMMERCIAL - COMMERCIAL
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 25575 | Improvements Assessment | $124,200 |
| Land Assessment | $28,310 | Total Assessment | $152,510 |
PROPERTY TAXES
Parcel Number
25575
Land Assessment
$28,310
Improvements Assessment
$124,200
Total Assessment
$152,510
CONTACT
-
Mark Coleman -
Texas Farms and Ranches
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3110 GILMER RD | 3110 Gilmer Rd
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