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320 E. Methvin St & 325 E. Tyler St 2 Properties in Longview, TX
Investment Highlights
- Downtown Longview Infill | Deep East Texas Labor Pool | Zero State Income Tax
- Heavy Power | 1,600 Amp 277/480V Three-Phase Service | 18-Foot Clear | Dock-High Loading
- ±124,417 SF Two-Building Industrial Campus | Building 1 Available + Building 2 Sub-Tenanted
- Proximate to Union Pacific Rail Yard (2 Miles) | I-20 Convergence | U.S. Routes 31, 80, 259
- ±53,195 SF Concrete Excess Lot | Outdoor Storage, Expansion, or Redevelopment Optionality
- Headquarters, Manufacturing & Distribution Campus Opportunity | Potential HQ + Main Manufacturing Facility in One Location
Executive Summary
DWG Capital Group is pleased to present 320 East Methvin Street & 325 East Tyler Street, Longview, TX 75601, a superior acquisition and repositioning opportunity consisting of ±124,417 SF of industrial/office improvements plus an additional ±53,195 SF concrete lot. Formerly utilized as a corporate headquarters and industrial campus, the property is now available for lease or sale, creating a rare opportunity for investors, owner-users, relocation groups, or industrial operators to acquire a functional infill campus significantly below replacement cost.
Building 1 (±59,450 SF) is available for immediate lease-up, featuring 18-26 foot clear heights, dock-high loading, full sprinkler coverage, and 1,000 to 1,200 amp 277/480V three-phase service. Building 2 (±64,967 SF) is partially income-producing under existing subtenancy during master lease transition, supported by an Assignor Guarantor obligation through November 2028.
Acquisition basis approximately $75/SF against $150-$175/SF replacement cost. Pro forma stabilized rents of $6.00 to $8.00/SF NNN support $746K to $995K of NOI, implying $10.3M to $13.7M of value at a 7.25% cap rate. 5- to 7-year future value approximately $12M to $16M at exit.
Direct I-20 access, U.S. Routes 31/80/259 convergence, 2 miles to nearest Union Pacific rail yard, and proximate to East Texas Regional Airport. Anchored by Eastman Chemical, Komatsu Mining, Trinity Industries, AAON, CHRISTUS Health, and Bridgestone.
Additonal Notes:
At projected new market rents ranging from $6.00–$8.00/SF NNN, the property supports approximately $746K–$995K of annual NOI, equating to an implied value range of approximately $10.3M– $13.7M at a 7.25% cap rate.
Assuming just 2.0% annual NOI growth, the asset could support an estimated future value of approximately $11.8M–$16.3M within 5–7 years at a 7.0% exit cap rate.
Turnkey corporate headquarters + industrial campus (now available for lease or sale) Below replacement cost at just $75/SF vs $150-175/SF.
Texas tax advantages with zero state income tax Prime downtown location with rail and highway access.
Two-building East Texas industrial campus totaling 124,417 SF plus a 53,195 SF concrete lot.
Industrial site with dock-high loading, high power, ample parking, and core market access.
Building 1 (±59,450 SF) is available for immediate lease-up, featuring 18-26 foot clear heights, dock-high loading, full sprinkler coverage, and 1,000 to 1,200 amp 277/480V three-phase service. Building 2 (±64,967 SF) is partially income-producing under existing subtenancy during master lease transition, supported by an Assignor Guarantor obligation through November 2028.
Acquisition basis approximately $75/SF against $150-$175/SF replacement cost. Pro forma stabilized rents of $6.00 to $8.00/SF NNN support $746K to $995K of NOI, implying $10.3M to $13.7M of value at a 7.25% cap rate. 5- to 7-year future value approximately $12M to $16M at exit.
Direct I-20 access, U.S. Routes 31/80/259 convergence, 2 miles to nearest Union Pacific rail yard, and proximate to East Texas Regional Airport. Anchored by Eastman Chemical, Komatsu Mining, Trinity Industries, AAON, CHRISTUS Health, and Bridgestone.
Additonal Notes:
At projected new market rents ranging from $6.00–$8.00/SF NNN, the property supports approximately $746K–$995K of annual NOI, equating to an implied value range of approximately $10.3M– $13.7M at a 7.25% cap rate.
Assuming just 2.0% annual NOI growth, the asset could support an estimated future value of approximately $11.8M–$16.3M within 5–7 years at a 7.0% exit cap rate.
Turnkey corporate headquarters + industrial campus (now available for lease or sale) Below replacement cost at just $75/SF vs $150-175/SF.
Texas tax advantages with zero state income tax Prime downtown location with rail and highway access.
Two-building East Texas industrial campus totaling 124,417 SF plus a 53,195 SF concrete lot.
Industrial site with dock-high loading, high power, ample parking, and core market access.
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- Miscellaneous
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 124,417 SF |
| Number of Properties | 2 | Total Land Area | 6.18 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 124,417 SF |
| Total Land Area | 6.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 325 E Tyler St, Longview, TX 75601 | Industrial | 59,450 SF | 1988 | - |
|
Methvin St - 320 E
320 E Methvin St, Longview, TX 75601 |
Office | 64,967 SF | 1986 | - |
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320 E. Methvin St & 325 E. Tyler St
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