Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    500 Main St Kilgore, TX 75662

    For Sale
    $1,500,000

    Prime 21,000 SF Downtown Property

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 21,000 square foot commercial property, located at 500 E MAIN STREET in Kilgore, Texas, presents a unique investment opportunity. Situated on a sizable 1.3-acre lot, this well-maintained facility offers endless possibilities for a variety of uses. Previously utilized as office, retail, service, and warehouse space by Nardis, the building boasts significant square footage and ample space for adaptation. The property benefits from convenient access from two streets, providing excellent visibility and accessibility. A substantial portion of the interior is climate-controlled, ensuring year-round comfort. The building's historic character and substantial size make it ideally suited for redevelopment into an event center, civic center, or other large-scale commercial venture. The property's prime downtown location in Kilgore offers high visibility and proximity to local amenities. This is a rare opportunity to acquire a significant piece of Kilgore's history and revitalize it for future success. The asking price is $1,500,000. Serious inquiries are encouraged to schedule a private showing and explore the potential of this remarkable property. The property is zoned for commercial use.

    Property Features for 500 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nardis Uniform Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.87334
    Latitude
    32.38383

    Nearby Similar for Sale

    • $6,995,000
      494.46 Acres

      Kilgore Ranch with Luxury Home

      East Texas ranch featuring a luxury home and live water.
      10326 County Road 3112 N, Kilgore, TX 75662
      View Details
    • $399,000
      0.44 Acres

      Kilgore Commercial Property on Highway

      Commercial property featuring two buildings with office and industrial space.
      118-120 Industrial Ave, Kilgore, TX 75662
      View Details
    • $365,000

      Modern Duplex in Kilgore, TX

      Move-in ready 2024 duplex with steady income and great location.
      3219 Stone Rd, Kilgore, TX 75662
      View Details
    • $750,000
      4.86 Acres

      Kilgore Multi-Use Facility For Sale

      Office, shop, warehouse, and service yard facility on 4.869 acres.
      5678 E Fm 1249, Kilgore, TX 75662
      View Details
    • $750,000
      4.86 Acres

      Versatile Kilgore Facility on 4.8 Acres

      Office, shop, warehouse, and service yard facility on 4.8 acres.
      5678 E Fm 1249, Kilgore, TX 75662
      View Details
    • $249,900

      Highway 31 Commercial Opportunity

      Kilgore commercial property on Highway 31, formerly a restaurant.
      202 E State Highway 31, Kilgore, TX 75662
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 21,000 SF Downtown Property
    Where is this commercial real estate located?
    The property is located at 500 Main St Kilgore, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (903) 984-8285
    Request Owner's contact information
    500 Main St Kilgore, TX 75662
    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.
    500 Main St
    Kilgore, TX 75662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    500 Main St Kilgore, TX 75662
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.