Longview, Texas, is a prime location for investing in warehouses, offering a unique blend of accessibility, infrastructure, and economic growth. With its strategic location at the convergence of Interstate 20 and U.S. highways 80 and 259, Longview provides easy access to major transportation routes, making it an ideal hub for logistics and distribution. Warehouses in Longview can represent a range of investments, from small, locally-owned facilities to large, industrial-scale operations. The city's strong economy, driven by industries like manufacturing and the "patent troll" sector, creates a high demand for warehouse space. Longview's amenities, including the East Texas Regional Airport and the Longview Arboretum and Nature Center, also make it an attractive location for businesses and residents alike. Additionally, the city's educational institutions, such as LeTourneau University and Kilgore College, provide a skilled workforce, further supporting the growth of the warehouse industry. With its rich history, diverse economy, and excellent infrastructure, Longview is an excellent choice for those looking to invest in warehouses.
Currently, there are 7 warehouses for sale in Longview, offering a range of options for investors. The average price per square foot for these warehouses is $114 USD, with an average size of 31,400 square feet. The largest warehouse available is 79,885 square feet. In addition to warehouses, Longview also offers a range of other commercial properties, including industrial properties, land, residential income homes, and commercial real estate. For example, industrial properties in Longview can provide a range of benefits, including access to major transportation routes and a skilled workforce. Land in Longview can offer investors a blank canvas for development, with opportunities for commercial, industrial, or residential projects. Residential income homes in Longview can provide a steady stream of rental income, while commercial real estate can offer a range of investment opportunities, from office buildings to retail spaces. Overall, Longview's diverse range of commercial properties makes it an attractive location for investors looking to diversify their portfolios.
What are the key features investors look for in warehouses in Longview?
Investors seeking warehouses in Longview, Texas, typically look for key features that ensure optimal functionality, accessibility, and return on investment, including:
- Proximity to major transportation hubs, such as the East Texas Regional Airport and Interstate 20, to facilitate efficient logistics and supply chain management.
- Ample space and flexible layouts, with average sizes ranging from 31,400 square feet to 79,885 square feet, to accommodate various business needs and operations.
- Competitive pricing, with an average price per square foot of $114 USD and an average cap rate of 7.71%, to ensure a strong potential for rental income and long-term appreciation.
What size warehouses are available to buy in Longview?
Warehouses available for purchase in Longview range in size from approximately 31,400 square feet to 79,885 square feet, offering a variety of options for businesses and investors looking to acquire warehouse space in the area.
How much does it cost to buy a warehouse in Longview?
Currently, there are 7 warehouses for sale in Longview, with an average price per square foot of $114 USD and an average size of 31,400 square feet, ranging from smaller properties to larger ones with a maximum size of 79,885 square feet, and an average cap rate of 7.71%.
