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    112 State Highway 31 E Kilgore, TX 75662

    For Sale
    $69,000

    Retail - Kilgore, TX

    Type:Retail
    Lot size:
    0.20 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 112 State Highway 31 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    000000029919
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1946
    Building materials
    Concrete, Unknown
    Roof type
    Metal
    Architectural style
    Other

    TX Real Estate Queen & Company (972) 567-8542

    Listing agent Melissa Sanches (972) 567-8542 License #0579720

    Listing date Nov 12, 2025

    MLS# 21076459 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kilgore Retail Redevelopment Opportunity

    Located in Kilgore, this commercial property occupies 0.2000 acres along State Highway 31 E, a high-traffic area. The existing structure has been deemed unsafe according to a city ordinance notice posted in 2023, citing issues with the back wall and potential foundation problems. There is a potential presence of asbestos due to the age of the building. The property is being sold as is, without any current liens. Buyers are required to apply for the necessary permits within 6 months to either repair or rebuild, as per city code. It should be noted that the existing parking may not be permitted if the structure is demolished. Zoned for commercial use, the site is suitable for redevelopment, with potential uses including a restaurant or retail establishment. The property benefits from high visibility and strong daily traffic, making it a potentially attractive investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.881525
    Latitude
    32.395822

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    FAQs

    What type of property is this?
    Individual retail property - Commercial property on high-traffic highway, ideal for redevelopment.
    Where is this individual retail property located?
    The property is located at 112 State Highway 31 E Kilgore, TX.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - High-traffic location on State Highway 31 E.; - Zoned for commercial use, ideal for redevelopment.; - 0.2000 acre lot size.
    (972) 567-8542
    Request Owner's contact information
    112 State Highway 31 E Kilgore, TX 75662
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    Kilgore, TX 75662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 State Highway 31 E Kilgore, TX 75662
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