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2201 S Eastman Rd

7,000 SF Industrial Building Longview, TX 75602 $399,900 ($57/SF) 8% Cap Rate

Industrial Properties Texas Longview 2201 S Eastman Rd, Longview, TX 75602

Executive Summary

7000 sqft warehouse located on Hwy 259 Longview, Texas. Tenant is Motion Industries with lease expiring on November 30, 2025.

Attachments

2201 S. Eastman Floorplan

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $39,000 $5.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $39,000 $5.57
Taxes $2,195 $0.31
Operating Expenses $2,885 $0.41
Total Expenses $5,080 $0.73
Net Operating Income $33,920 $4.85

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $39,000
Annual Per SF $5.57
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $39,000
Annual Per SF $5.57
Taxes
Annual $2,195
Annual Per SF $0.31
Operating Expenses
Annual $2,885
Annual Per SF $0.41
Total Expenses
Annual $5,080
Annual Per SF $0.73
Net Operating Income
Annual $33,920
Annual Per SF $4.85

Property Facts

Price $399,900 Building Class C
Price Per SF $57 Lot Size 0.38 AC
Sale Type Investment or Owner User Rentable Building Area 7,000 SF
Cap Rate 8% No. Stories 1
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Lease Option
 Year Built 1975
Property Type
Industrial
  • Industrial Distribution
  • Industrial Warehouse
  • FlexLight Distribution
 Tenancy Single
Price $399,900
Price Per SF $57
Sale Type Investment or Owner User
Cap Rate 8%
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Lease Option
Property Type
Industrial
  • Industrial Distribution
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.38 AC
Rentable Building Area 7,000 SF
No. Stories 1
Year Built 1975
Tenancy Single

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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PROPERTY TAXES

Parcel Number 65643 Total Assessment $105,050
Land Assessment $2,990 Annual Taxes $2,195 ($0.31/SF)
Improvements Assessment $102,060 Tax Year 2024

PROPERTY TAXES

Parcel Number
65643
Land Assessment
$2,990
Improvements Assessment
$102,060
Total Assessment
$105,050
Annual Taxes
$2,195 ($0.31/SF)
Tax Year
2024
(903) 757-8686

Contact

  • Listing ID: 34019231

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 2201 S Eastman Rd, Longview, TX 75602

More public record information on 2201 S Eastman Rd, Longview, TX 75602

The Industrial Property at 2201 S Eastman Rd, Longview, TX 75602 is currently available for sale. Contact Summers Cook and Company for more information.

Nearby Listings

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2201 S Eastman Rd, Longview, TX for sale Primary Photo- Image 1 of 13
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2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 2 of 13
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Rear View
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 4 of 13
Office
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 5 of 13
Office Entry
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 6 of 13
Office Entry
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 7 of 13
Bathroom
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 8 of 13
Hallway
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 9 of 13
Break Area
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 10 of 13
Warehouse
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 11 of 13
Warehouse
2201 S Eastman Rd, Longview, TX for sale Building Photo- Image 12 of 13
Warehouse

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2201 S Eastman Rd
(903) 757-8686 x

2201 S Eastman Rd

Bud Summers

(903) 757-8686

(903) 757-8686

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