5401 Mickey Melton Blvd, Longview, TX 75605 – Warehouse

Warehouse and StorageYear Built 2021Total Assessed Value $89,513,760County Gregg

Property Details

The Warehouse and Storage property 5401 Mickey Melton Blvd, Longview, TX 75605 is located in Gregg County. The specific property type is Warehouse. The total assessed value of this property is $89,513,760.

The gross building area is 874,250 square feet and the land area is 6,208,258 square feet for this Warehouse built in 2021.

Legal description: Lt 1 Blk 4 Ledco North Business Park

$89,513,760

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 5401 Mickey Melton Blvd, Longview, TX 75605, Warehouse and Storage

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Property Information

Property TypeWarehouse and Storage

Sub Property TypeWarehouse

Building Area874,250

Land Size6,208,258

Land Value$4,275,660

Improved Value$85,238,100

Total Assessed Value$89,513,760

Year Built2021

County NameGregg

Account Number1171551

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories2

Sales History

6/21/2021

Arms-length$13,900,000

Buyer

The Gap Inc

Seller

Longview Economic Development Corp

Book Number

2021.11263

Recording Date

6/21/2021

Transaction Details

The Gap Inc acquired the property from Longview Economic Development Corp through a Arms-length transaction on 6/21/2021 for $13,900,000.

Property constructed in 2021

YSale Price (USD) byXSales Year

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Mortgage History

6/21/2021

Helocs both purchase money and non purchase money helocs$11,120,000

Borrower

The Gap Inc

Lender

Longview Economic Development Corporation

Book Number

202111264

Recording Date

6/21/2021

Transaction Details

The Gap Inc borrowed the property from Longview Economic Development Corporation through a Helocs both purchase money and non purchase money helocs transaction on 6/21/2021 for $11,120,000.

Property constructed in 2021

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$4,275,660	$85,238,100	$89,513,760	$89,513,760	The Gap Inc	Attn Real Estate Law...	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	6,208,258	874,250
2024	$4,275,660	$85,964,720	$90,240,380	$90,240,380	The Gap Inc	Attn: Real Estate La...	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	6,208,258	874,250
2023	$4,275,660	$88,872,050	$93,147,710	$93,147,710	The Gap Inc	Attn: Real Estate La...	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	6,208,258	874,250
2022	$4,275,660	$37,803,360	$42,079,020	$42,079,020	The Gap Inc	Attn: Real Estate La...	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	6,208,258	805,973
2021	$4,275,660	-	$4,275,660	$4,275,660	Longview Economic De...	410 N Center St	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	6,208,258	-
2020	$1,298,550	-	$1,298,550	$1,298,550	Longview Economic De...	410 N Center St	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	1,885,495	-
2019	$1,298,550	-	$1,298,550	$1,298,550	Longview Economic De...	410 N Center St	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	1,885,495	-
2018	$1,298,550	-	$1,298,550	$1,298,550	Longview Economic De...	410 N Center St	LT 1 BLK 4 LEDCO NOR...	N4023	S4023	1,885,495	-
2017	$1,298,550	-	$1,298,550	$1,298,550	Longview Economic De...	410 N Center St	LT 1 BLK 4 LEDCO NOR...	N4023	S4023	1,885,495	-
2016	$1,298,550	-	$1,298,550	$1,298,550	Longview Economic De...	410 N Center St	Lt 1 Blk 4 Ledco Nor...	N4023	S4023	1,885,495	-

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Showing 1 to 10 of 13 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5401 Mickey Melton Blvd, Longview, TX 75605	1171551	Warehouse and Storage	Warehouse	The Gap Inc	Gregg	-	$ 13,900,000	2021-06-21	$ 15.90	2021	874,250	-
2701 S Valley Pkwy, Lewisville, TX 75067	661810	Warehouse and Storage	Warehouse	Majestic Lewisville Partners Lp & Nm Dfw Lewisville Llc	Denton	134.4	$ 40,509,194	2025-06-09	$ 123.11	2015	329,060	-
2900 S Valley Pkwy, Lewisville, TX 75067	648564	Warehouse and Storage	Warehouse	Dfw Lewisville Partners Gp Etal	Denton	134.3	$ 51,892,532	2025-06-09	$ 50.38	2014	1,030,000	-
501 Henrietta Creek Rd Unit53, Roanoke, TX 76262	268299	Warehouse and Storage	Warehouse	Sp 53 Gateway Owner Lp	Denton	147.1	$ 75,810,000	2024-08-28	$ 168.47	2003	450,000	53
2710 Spinks Rd, Lewisville, TX 75067	661808	Warehouse and Storage	Warehouse	Dfw Lewisville Partners Gp Etal	Denton	134.1	$ 87,745,780	2025-06-09	$ 92.63	2007	947,236	-
600 Gateway Pkwy Unit61, Roanoke, TX 76262	241833	Warehouse and Storage	Warehouse	Sp 61 Gateway Owner Lp	Denton	147.3	$ 75,810,000	2024-08-28	$ 124.70	2002	607,962	61
701 Lakeside Pkwy, Flower Mound , TX 75028	303545	Warehouse and Storage	Warehouse	Parsons Lakeside Llc	Denton	135.8	$ 3,990,000	2023-10-27	$ 13.08	2006	305,150	-
2601 Valley Pkwy, Lewisville, TX 75067	744196	Warehouse and Storage	Warehouse	Majestic Lewisville Partners Lp & Nm Dfw Lewisville Llc	Denton	134.4	$ 20,315,320	2025-06-09	$ 65.85	2018	308,500	-
1101 Conroe Park Dr, Conroe, TX 77303	R497283	Warehouse and Storage	Warehouse	-	Montgomery	159.0	$ 47,547,500	2025-06-25	$ 119.06	2021	399,360	-
2601 Petty Pl, Fort Worth, TX 76177	769784	Warehouse and Storage	Warehouse	Exeter 2601 Petty Lp, Ke Andrews	Denton	151.3	$ 109,725,000	2025-11-14	$ 137.91	2020	795,626	1
16000 Wolff Crossing, Justin, TX 76247	958283	Warehouse and Storage	Warehouse	16000 Wolff Crossing Llc	Denton	152.7	$ 77,033,600	2025-01-29	$ 109.73	2020	702,000	2

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5401 Mickey Melton Blvd, Longview, TX 75605	—	-	6,208,258	2021	874,250	$ 89,513,760	$ 4,275,660	-
Texas Bank And Trust Company	14300 Fm 2964, Tyler, TX 75791	09/09/2025	$ 1,341,000	34,195	2012	3,750	$ 116,391	$ 22,784	Rj Carns Properties Llc
Texas Bank And Trust Company	14228 Fm 2964, Tyler, TX 75791	09/09/2025	$ 1,341,000	87,120	2006	6,700	$ 418,427	$ 58,048	Rj Carns Properties Llc
First National Bankeast Texas	111 Corporate Dr UnitW/Sid, Big Sandy, TX 75755	07/25/2025	$ 50,000	2,193,333	2003	140,000	$ 2,276,424	$ 296,250
Cadence Bank Na	Sheep Rd UnitW/Sid, Pittsburg, TX 75686	07/14/2025	$ 249,500	1,777,771	2005	1,296	$ 75,860	$ 225,680
Verabank National Association	1703 S Us 79, Henderson, TX 75654	06/27/2025	$ 245,000	36,887	1973	12,368	$ 728,620	$ 158,620	Kvs Business Inc
Verabank National Association	1703 S Us 79, Henderson, TX 75654	06/27/2025	$ 245,000	36,887	1973	12,368	$ 728,620	$ 158,620	-
Austin Bank Texas Na	3074 Spur 124, Tyler, TX 75707	05/28/2025	$ 244,000	19,166	1987	4,150	$ 96,738	$ 24,599	Bxc Properties Llc
The Huntington National Bank	301 S Georgia St, Troup, TX 75789	05/28/2025	$ 2,405,000	9,374	1980	2,400	$ 25,876	$ 14,061	-
The Huntington National Bank	301 S Georgia St, Troup, TX 75789	05/28/2025	$ 2,405,000	9,374	1980	2,400	$ 25,876	$ 14,061	Yarel Properties Llc
Verabank National Association	Cr 4030 Mar, Marshall, TX 75670	05/23/2025	$ 2,200,000	220,065	1970	35,509	$ 474,110	$ 17,680

Mean$ 790,452

Median$ 484,690.0

Loan Amount Range$ 50,000 - $ 2,405,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

19432882835

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

12/16/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	OLD NAVY, LLC
	Address Line	po box 27834 c/o sales tax dep
	City / State / Zip	albuquerque NM 87125
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48183
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	87125
Registration Details	SOS Code

License Timeline

License Issued

12/16/2022

Currently Active

Status: -

Renewal Required

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