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Flex Space with Service Doors
For Sale
$269,900

1067 S Old Hwy 135, Kilgore, TX 75662

COMMERCIAL, Kilgore, TX

Property Size2,500 SF
Lot Size1.00 Acre
Price / SF$107.96
Days on Market268

Property Features for 1067 S Old Hwy 135

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Lot features Gravel Yard, Fenced Parking, Fenced Yard
Directions At the intersection of Shell Camp Rd and Old Hwy 135, Go East. Property on R SIY
Subdivision KILGORE ISD 442
Standard status Active
Lot size 1.00 Acre

Additional Details

Real Estate Included Yes
Automotive Uses auto repair, tire service
Property Use Metal Shop

Amenities

fully finished office area
restroom
three large roll-up doors
spray foam insulation
fresh gravel drive and parking area

Building Details

Year built 2025
Number of units 1
Building materials Metal
Roof type Metal
Buildings 1
Listing Agency: Texas Real Estate Executives
Listed By: Nacole Eaton · License #0720647
Added: Feb 6 Changed: Oct 31 Last Checked: Nov 1 at 1:06AM
MLS# 20260826

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,500-square-foot flex property is a metal building with a metal roof and spray-foam insulation. The shop has three overhead doors: two measuring 10 by 10 feet and one measuring 12 by 12 feet. A finished office area of approximately 348 square feet and a restroom are also included.

The property occupies 1 acre and has a fenced boundary with gates. Gravel drive and parking areas extend around the building, providing circulation around the structure.

Key Highlights

  • 2,500‑square‑foot metal building with spray‑foam insulation
  • Three overhead doors: two 10x10 and one 12x12
  • Finished office area of approximately 348 square feet, plus a restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,603
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,060 $292.1K
Cap Rate 7%
$208,614 $208.6K
Cap Rate 9%
$162,256 $162.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$22.8K $9.12/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$20.9K $8.34/SF
− OpEx
−$6.3K −$2.50/SF
NOI
$14.6K $5.84/SF
Area
Gregg County, TX
Vacancy
8.50%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,060
Cap Rate 7%
$208,614
Cap Rate 9%
$162,256

Alternative Uses

Best Use
Retail
$483.8K
$423.3K – $564.4K (±1% cap)
NOI $33,863 @ 7.0% cap · market cap 12.55%
Second Best
Industrial
$208.6K
$182.5K – $243.4K (±1% cap)
NOI $14,603 @ 7.0% cap · market cap 5.41%
Theoretical Best
Hotel Hospitality
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,813 @ 7.0% cap · market cap 48.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Garden Center HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
1
Office units
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75662, TX

25,002
Population
9,474
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
83%
High-School Grad
126.8 sq mi
ZIP Area
197
Density / Sq Mi
$65,926
Median Household Income
$37,027
Median Earnings
$1,051
Median Rent
$165,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - An insulated metal facility includes a finished office, restroom, gated perimeter, and gravel access around the building.
Where is this flex space located?
The property is located at 1067 S Old Hwy 135 Kilgore, TX.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,500‑square‑foot metal building with spray‑foam insulation; Three overhead doors: two 10x10 and one 12x12; Finished office area of approximately 348 square feet, plus a restroom
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