1310 W Loop 281
About This Property
• Cap Rate: 6.6%.
• Zoning: Heavy Commercial.
• Strong retailer demand in one of East Texas' most established and best-performing trade areas.
• Up to 55,000 vehicles per day along N Loop 281 delivering continuous visibility and exposure.
• Longview serves as the primary shopping and employment center for a 300,000-person regional market.
• Positioned on Longview's dominant retail corridor with direct access to the city's top shopping, dining, and services.
• Consistent consume draw from regional shoppers, commuters, and major employment centers.
• Contact agent for complete details!
*Please do not disturb the business or tenant. Inquiries by appointment only.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Price Decreased |
$2,889,772
↓ $162K
(5.3%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Drake Real Estate | $3,051,600 | |
| Listed by Drake Real Estate | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21156268
Details provided by NTREIS and may not match the public record
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