Childress Property 7 Acres

Interstate 20 and Neiman Marcus Blvd Longview, TX 75602

Longview
FOR SALE
Property Type:
Other Land
Amount:
$915,000
Last Verified:
May 07, 2024

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Highlights

  • 1,166 feet of Frontage on Interstate 20
  • Tremendous Visibility
  • High Traffic Counts on Interstate 20
  • Value to increase substantially upon completion of I-20 expansion

Description

Sperry Commercial Global Affiliates - Graham Group has been retained by the seller and is pleased to offer to qualified buyers a fee simple interest in approximately 7 prime acres facing directly on Interstate 20. Longview's Business Park includes major national companies such as Neiman Marcus National Service Center, Holt CAT Power Systems Division, The Crosby Group, Tractor Supply Regional Mixing Center and Smurfit Kappa Longview. This property being the largest remaining tract with the most frontage on Interstate 20 in the Longview corridor has been in a Family Trust for half a century and has just now become available. Also, the expansion of Interstate 20 was announced to include 6 lanes and a frontage road directly in front of this property.

There are three undeveloped tracts (one owned by LEDCO) on either side of this property. If they could be added to this property one could put together approximately 82 acres. See site plan that follows.

Being the best of the remaining large tracts on I-20 this tract will be desired by many users. Industrial use is clear and retail and hospitality use is desired as well. There have been discussions of a water park, sports center with soccer and Olympic class pool as well. Plans for a large Amphitheater are being discussed in the area. Pad sites across the interstate are selling for $14/sf.

Longview Texas is about a 2 hour drive straight east on Interstate 20 and about 1 hour west of Shreveport, LA. With approximately 1.166 feet of Frontage directly on I-20 in the Longview Business Park, this property could not be more visible. The Longview Business Park has occupants like Neiman Marcus National Service Center and many other National companies. While not in the City of Longview, but rather right on the line, building permits will not be required. The property is in Harrison County.

Lot Size: 7.0 acres


Documents

Offering Memorandum (L) (NEW)
Sale On-Market Flyer (Internal) (L) (NEW)

Map of Interstate 20 and Neiman Marcus Blvd, Longview, TX, 75602

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