Estes Parkway Development Site
15.82 acres | Zoned Heavy Commercial | Longview, Texas
Marketing description
OFFERING LINK: https://www.marcusmillichap.com/properties/190592/longview-land-development-site
Marcus & Millichap is pleased to present the exclusive listing of the Longview Land Development Opportunity.
The site consists of two parcels totaling 15.82 acres, and is conveniently located near the intersection of Interstate 20 and Estes Parkway in Longview, Texas.
The property boasts approximately 479 feet of frontage along Estes Parkway with over 18,000 vehicles passing daily. Many major national retailers and hotels including Wal-Mart Supercenter, McDonald’s, Starbucks, Holiday Inn Express, and Days Inn are in close proximity.
Additionally, the property is near many major employers including Eastman Chemical, Westlake Chemical, Komatsu, Sysco Distribution, and LeTourneau University.
The property is currently zoned “Heavy Commercial,” which includes permitted uses for retail, office, storage, multifamily, mixed-use, gas station, car wash, hotel, assisted living, etc.
Given the recent economic expansion and job creation with Ninth Avenue Foods, Dollar General Distribution Center and Gap, Inc. Customer Service Center, Longview is poised for strong growth and exceptional returns.
Investment highlights
OFFERING LINK: https://www.marcusmillichap.com/properties/190592/longview-land-development-site
CONVENIENT LOCATION: Near I-20 and Walmart Supercenter
MULTITUTED OF PERMITTED USES: Zoned Heavy Commercial (office, retail, mixed-use, hospitality, etc)
EXCEPTIONAL FRONTAGE: Approximately 479 Feet of Frontage
HIGH VISIBILITY: Over 18,000 Vehicles Pass Daily
STRONG DEMOGRPAHICS: Average HH Income Over $80,000
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