New Listing

Tryon Road Development Tract and Self-Storage Facility

Gregg County

8.95 Acres

$1,780,000

4139 Tryon Rd, Longview, Texas 75605
Region:
East Texas
County:
Gregg
Nearest City:
Longview

Property Description:

This 8.95 +/- acre development property is located at the corner of Tryon Road and Beaty Road in Longview, TX. With its strategic location, this property holds immense potential for a range of development possibilities and is a promising income-generating asset. This expansive parcel presents a myriad of possibilities for investors and developers looking to capitalize on its strategic location and versatile zoning. The new owner will appreciate the existing storage facility located on 2 +/- acres boasting 90 units, including a mix of 10'x10' and 20'x20' options, as well as a 40’x40’ barn and boat/RV/trailer/vehicle parking this facility offers versatility and convenience for tenants seeking secure storage solutions. With approximately 50% of the units already leased, this property provides immediate revenue potential while offering room for further growth. Constructed in 2022, this facility reflects the latest in design and functionality, appealing to tenants and investors alike. Additionally, the presence of a prepared cement pad sets the stage for an exciting expansion opportunity, allowing for the potential doubling of the current storage capacity. The turnkey investment offers convenient access for tenants. Adjacent to the storage facility, an additional 7 +/- acres includes a dilapidated home in need of demolition, providing a clean slate for expansion and new development.

Improvements:

Storage Facility, Barn, and cement pad for additional self-storage growth

Water:

0.25 +/- acre tank

Utilities:

Electricity – Oncor Service with multiple providers
Water – City of Longview
Septic - Yes

Property Taxes:

2023 taxes are estimated at $19,887.49

Driving Directions:

Located at the corner of Tryon Road and Beaty Drive

Contact

Connect with a Ruple agent about this property using the simple form below.

    Property Photos:

    Click or tap a photo to enlarge.

    Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. This is not intended to solicit property already listed. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

    Please be aware that real property and its rights and amenities in the States of Texas and Colorado are subject to many forces and impacts out of our control whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas and Colorado real estate, particularly land, should investigate any concerns regarding a specific real property to their satisfaction.

    Compass reserves the right upon seller's request and prior to an initial showing, or any subsequent showing of a specific property, to require any or all interested buyer(s) of such property to provide proof of financial ability to purchase said property.

    If a buyer is buying an investment property, the buyer's agent, if applicable, must be identified on first contact and must be present at the initial showing of the property in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Compass.