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121 Gilmer Rd
Longview TX 75604 US

$395,000

Active Listing ID 20241018
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$395,000

Active Listing ID 20241018
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121 Gilmer Rd Prime Investment Opportunity: Building with an Established Medical Professional tenant. Don't miss this exceptional opportunity to own a high-quality commercial property with a reliable tenant in high traffic location. This well-maintained building is currently leased to a reputable medical professional, ensuring a stable income stream. Rent for 2024 is $2, 800 / month. Rent for 2025 and 2026 is $3, 500 / month. Insurance is currently $2, 850 / yr and taxes are $5, 974.48 giving this a Cap Rate of 5.9% for 2024 and 7.9% for 2025 and 2026.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 395000
  • unparsedaddress: 121 Gilmer Rd
  • postalcity: Longview
  • stateorprovince: TX
  • country: US
  • postalcode: 75604
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Patrick Bartlett
  • listagentemail: bud@budsummers.net
  • listagentkey: 3yd-LAARTX-3926
  • listagentmlsid: 3926
  • listagentpreferredphone: 9037363946
  • listagentofficephone: 9037363946
  • listofficekey: 3yd-LAARTX-258
  • listofficemlsid: 258
  • disclaimer: Copyright © 2024 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LAARTX
  • yearbuilt: 1989
  • listingcontractdate: 2024-02-21
  • listagenturl: http://www.summersrealestategroup.com/
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Paved or Surfaced
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Summers Cook & Co.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rita@summerscook.com", "ListBrokerageCity":"Longview", "ListBrokerageCountry":"US", "ListBrokerageEmail":"bud@budsummers.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/2212/326329/20160329164633008.png", "ListBrokerageName":"Summers Cook & Co.", "ListBrokeragePhone":"(903) 736-3946", "ListBrokeragePostalCode":"75601", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 108", "ListBrokerageUnparsedAddress":"1127 Judson Rd. Ste. 146", "ListBrokerageWebsiteUrl":"http://www.summersrealestategroup.com/", "ListOfficeAddress1":"1127 JUDSON ROAD", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"LONGVIEW", "ListOfficeCountry":"US", "ListOfficeEmail":"bud@budsummers.net", "ListOfficePostalCode":"75601", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Longview, TX", "ListingURL":"https://listings.listhub.net/pages/LAARTX/20241018/?channel=rexren", "MLSModificationTimestamp":"2024-11-15T15:04:52Z", "Neighborhoods":[{"Description":null, "Name":"PINE TREE ISD"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/15/2024 5:09:16 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Patrick Bartlett, Summers Cook & Company, bud@budsummers.net

Copyright © 2024 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.