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3045 W Loop 281
Longview, TX 75604

$1,628,000 USD

Auto Repair For Sale  •  9,160 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 9,160 SF
  • Lot Size 1.23 AC
  • Year Built 1998
  • Cap Rate 7.00 %
0 Transit Score
39 Walk Score

Highlights

Qualifies for accelerated depreciation (confirm with your CPA)
Daily traffic counts over 16,000 VPD.
Roof resealed in 2023 and the parking lot was re-done in 2022, leaving the building in great condition.
Gerber Collision acquired the local operator in 2023 who had been in business or 17+ years at the subject property.
Longview is the second largest city in East Texas and is a major center for healthcare, manufacturing and oilfield services. Located on I-20 and US-80
Seller financing potentially available

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Gerber Collision

Public Transportation

Commuter RailDriveWalkDistance
Longview (Texas Eagle - Amtrak) 9 min - 4.8 mi
CJ Brill 310-793-6069 Transwestern Real Estate Services
CJ Brill 310-793-6069 Transwestern Real Estate Services