5104 Estes Parkway

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5104 Estes Parkway

Longview, TX 77603
Asking Price
$625K
Asset Type
Industrial
Class
Class B

What's Special

5104 Estes Parkway is situated in a primary industrial corridor of Longview, Texas, offering direct frontage on a high-traffic regional thoroughfare. The surrounding neighborhood is characterized by heavy commercial and light industrial operations, benefiting from close proximity to the East Texas Regional Airport. The site provides efficient transportation access to major logistics routes, including Highway 149 and Interstate 20, facilitating regional distribution. Nearby amenities include various fuel stations, equipment suppliers, and freight services tailored to support industrial activity and fleet management. The property is well-suited for use cases such as regional distribution, equipment storage, or light manufacturing operations. The location is ideal for tenants requiring high visibility and seamless transit for heavy vehicles and logistics fleets. Typical tenants for this asset profile include third-party logistics providers, oilfield service companies, and wholesale construction suppliers. Given the established industrial character of Estes Parkway, the site supports businesses that prioritize proximity to established supply chains and a specialized workforce familiar with the heavy commercial demands of the Gregg County area.

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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092

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