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    3212 I-20 E Service Rd Kilgore, TX 75662

    For Sale
    $250,000

    High-Visibility Commercial Property w/ Residential Quarters

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, situated on nearly two acres at Exit 579 of I-20 in Kilgore, Texas, presents a unique investment opportunity. The main building, totaling 1,038 square feet, features a spacious store area, laundry facilities, a kitchen, and separate restrooms. A new roof was installed in 2022. An additional 435-square-foot building is fully equipped as a takeout barbecue business, complete with all equipment and signage, ready for immediate operation. The property also includes a 448-square-foot residential unit with a bedroom, bathroom, living area, and kitchen, ideal for owner-occupancy. Over 750 square feet of storage space is available, along with ample covered parking, including accommodations for RVs and boats. All antiques currently on-site, previously collected for an antique store setup, are included in the sale. The property's prime location on the I-20 off-ramp ensures high visibility and significant traffic flow, making it perfect for a variety of commercial ventures. The combination of commercial space, a fully equipped restaurant, residential quarters, and ample storage makes this a truly versatile and attractive investment. The property's size and location offer significant potential for expansion and future development.

    Property Features for 3212 I-20 E Service Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    86,684 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.99158
    Latitude
    32.43712

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Commercial Property w/ Residential Quarters
    Where is this commercial real estate located?
    The property is located at 3212 I-20 E Service Rd Kilgore, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    (903) 985-2077
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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

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    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
    3212 I-20 E Service Rd Kilgore, TX 75662
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