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    Commercial Land Redevelopment Site Title is generated by Realmo AI

    1000 S Henderson Blvd, Kilgore, TX 75662

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    For Sale
    $300,000

    Corner-adjacent commercial land across from Kilgore College offers General Commercial zoning and strong street visibility.

    Property size:
    1,271 SF
    Price / SF:
    $236/SF
    Added:
    Jan 12, 2026
    Days on Market:
    166
    Last Refresh:
    Jun 25 at 8:32 pm

    Property Features for 1000 S Henderson Blvd

    General Information

    Standard status
    Active
    Size
    1,271 SF

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    Brent Bradberry
    Brent Bradberry

    Listing office Drake Real Estate & Investments

    Listing date Jan 12, 2026

    Source Exprealty

    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

    • Corner‑adjacent commercial land directly across from Kilgore College in Kilgore, TX (Gregg County)
    • Zoned General Commercial (GC), supporting a wide range of retail and service‑oriented uses
    • Walking distance to Kilgore College
    • Traffic counts include 13,164 VPD on S Henderson Blvd (TxDOT '24)
    • Traffic counts include 2,370 VPD on Houston St (TxDOT '23)

    Overview

    This offering presents a redevelopment opportunity on a commercially zoned land site with frontage on S Henderson Blvd and Houston St. The property is positioned for an owner-user or investor looking to develop a retail or service concept within a flexible commercial zoning framework.

    The site is directly across from Kilgore College in Gregg County, with the college noted as walkable from the property. It also benefits from measurable visibility along both roadways, with TxDOT-reported traffic counts of 13,164 VPD on Henderson Blvd (TxDOT ’24) and 2,370 VPD on Houston St (TxDOT ’23).

    Zoned General Commercial (GC), the property supports a wide range of retail and service-oriented uses consistent with the stated zoning designation. For tenants, buyers, or operators evaluating sites near an established educational anchor, this location combines cross-street access with street-level exposure on two public corridors.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.1k $20.52
    − Vacancy −$1.5k −$1.17
    EGI $24.6k $19.35
    − OpEx −$7.4k −$5.81
    NOI $17.2k $13.55
    1,271 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $245.9K
    $215.2K – $286.9K (±1% cap)
    NOI $17,216 @ 7.0% cap · market cap 5.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Hotel Hospitality
    $957.3K
    $837.7K – $1.12M (±1% cap)
    NOI $67,013 @ 7.0% cap · market cap 22.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.868963
    Latitude
    32.392286

    FAQs

    What type of property is this?
    Commercial land - Corner-adjacent commercial land across from Kilgore College offers General Commercial zoning and strong street visibility.
    Where is this commercial land located?
    The property is located at 1000 S Henderson Blvd 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: Corner‑adjacent commercial land directly across from Kilgore College in Kilgore, TX (Gregg County); Zoned General Commercial (GC), supporting a wide range of retail and service‑oriented uses; Walking distance to Kilgore College
    More about this property
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