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Longview ISD 500 Magrill st 30,894 SF 100% Leased Office Building Longview, TX 75601 $1,550,000 ($50.17/SF)
Investment Highlights
- Heart of Downtown Longview
- Redevelopment opportunities
Executive Summary
Rare opportunity to own a full school campus in the heart of Downtown Longview, Texas. Formerly the Math & Science building for Longview ISD, this property includes a two-story main building offering 30,000+ SF of instructional, administrative, and specialty-use space, plus a secondary 4,200 SF technology building—together spanning approximately 3.89 acres, nearly an entire city block. The main structure features multiple classrooms, vintage lockers, an original cafeteria and food lab, wide hallways, cinder-block construction, and flexible floor plans ideal for redevelopment. With ample land for parking, outdoor space, or future expansion, this property is perfectly suited for educational use, creative workspace, offices, nonprofit operations, adaptive reuse, or long-term redevelopment. Buildings are offered as-is, presenting a rare chance to customize asolid, established campus in a prime Longview location.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
30,894 SF
Building Class
C
Year Built
1962
Price
$1,550,000
Price Per SF
$50.17
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
15,447 SF
Building FAR
0.20
Lot Size
3.46 AC
Opportunity Zone
Yes
Zoning
O-Office - O-Office
Parking
50 Spaces (1.43 Spaces per 1,000 SF Leased)
Amenities
- Food Service
- Reception
- Air Conditioning
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Moderately walkable
60/100
Moderately drivable
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $997,850 | |
| Land Assessment | $380,980 | Total Assessment | $1,378,830 |
Property Taxes
Parcel Numbers
Land Assessment
$380,980
Improvements Assessment
$997,850
Total Assessment
$1,378,830
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
Longview ISD | 500 Magrill st