Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land Near Kilgore College Title is generated by Realmo AI

    1000 S Henderson Blvd. & 1000 Houston St., Kilgore, TX 75662

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $300,000

    Commercial land with high visibility near Kilgore College.

    Type:Land
    Added:
    Mar 6, 2026
    Days on Market:
    79
    Last Refresh:
    Apr 5 at 8:50 pm

    Property Features for 1000 S Henderson Blvd. & 1000 Houston St.

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Brent Bradberry
    Brent Bradberry

    Listing agent Brent Bradberry License #0715170

    Listing office Drake Real Estate & Investments

    Listing date Mar 6, 2026

    Source Draketexas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Drake Real Estate & Investments

    HighLights

    • Directly across from Kilgore College
    • Zoned General Commercial (GC) allowing for a wide range of retail and service‑oriented uses
    • High traffic count: 13,164 VPD on Henderson Blvd.
    • Walking distance from Kilgore College
    • Strong visibility and access
    • Ideal for owner‑users or investors

    Overview

    This commercial land is located directly across from Kilgore College in Gregg County. The property benefits from strong visibility and access. It is zoned General Commercial (GC), allowing for a wide range of retail and service-oriented uses. The location is ideal for owner-users or investors seeking a strategically located commercial opportunity. Traffic counts show 13,164 vehicles per day on Henderson Boulevard (TxDOT '24) and 2,370 vehicles per day on Houston Street (TxDOT '23).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.8683
    Latitude
    32.3795

    Nearby Similar for Sale

    • $279,000
      3,600 SF

      Kilgore Commercial Metal Shop Building

      Commercially zoned metal shop building on a 0.49-acre lot.
      812 S Commerce St., Kilgore, TX 75662
      View Details
    • $279,000
      3,600 SF

      Kilgore Warehouse with Fenced Yard

      3,600 SF commercial building on 0.49-acre lot for sale.
      812 S Commerce St., Kilgore, TX 75662
      View Details
    • $250,000
      5,027 SF

      Kilgore Building: Versatile Commercial Potential

      Gregg County property ideal for owner-users or investors.
      1009 Brook Dr, Kilgore, TX 75662
      View Details
    • $335,000
      6,792 SF

      Kilgore Commercial Property with Flexibility

      Versatile commercial property with office, showroom, and industrial space.
      118-120 Industrial Ave, Kilgore, TX 75662
      View Details
    • $294,000
      8,640 SF

      Kilgore Commercial Building on Highway

      Bank-owned office/shop building with high-visibility frontage on S Henderson Blvd.
      2425 & 2423 S Henderson Blvd, Kilgore, TX 75662
      View Details
    • $725,000
      7,445 SF

      Kilgore Industrial Property with Office

      7,445 SF commercial property on 2.48 acres in Kilgore.
      1510 N SH 135, Kilgore, TX 75662
      View Details
    • $369,900
      2,500 SF

      Kilgore Metal Shop with Office

      New metal shop with office space on 1 acre.
      1067 S Old Hwy 135, Kilgore, TX 75662
      View Details
    • $725,000
      7,445 SF

      Kilgore Commercial Property with Warehouse

      7,445 SF commercial property with office and warehouse space.
      1510 N SH 135, Kilgore, TX 75662
      View Details
    • $360,000
      832 SF

      Kilgore Commercial Property For Sale

      Highly visible commercial property near Kilgore College with drive-thru.
      207 N Henderson Blvd., Kilgore, TX 75662
      View Details
    • $700,000
      11,200 SF

      Kilgore Commercial Property with Versatility

      Multi-use property: office, shop, warehouse, and service yard facility.
      5678 E FM 1249, Kilgore, TX 75662
      View Details
    • $365,000

      Kilgore Commercial Property on Highway

      Highly visible commercial property near Kilgore College with drive-thru.
      207 N Henderso Boulevard, Kilgore, TX 75662
      View Details
    • $700,000

      Versatile Kilgore Office, Shop, Warehouse Facility

      Office, shop, warehouse, and service yard facility on 4.869 acres.
      5678 E FM 1249, Kilgore, TX 75662
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility near Kilgore College.
    Where is this commercial land located?
    The property is located at 1000 S Henderson Blvd. & 1000 Houston St. Kilgore, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Directly across from Kilgore College; Zoned General Commercial (GC) allowing for a wide range of retail and service‑oriented uses; High traffic count: 13,164 VPD on Henderson Blvd.
    (903) 571-8014
    We can help!
    Listing Contact
    Brent Bradberry
    Brent Bradberry
    Real Estate License ID: 0715170
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1000 S Henderson Blvd. & 1000 Houston St., Kilgore, TX 75662
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!