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I-20 Distribution Center
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474 State Highway 42 North West Access Road, Kilgore, TX 75662

Industrial facility with highway access and a configuration suited to distribution, light manufacturing, or service operations.

Property Size7,650 SF
Price / SF$100
Days on Market171

Property Features for 474 State Highway 42 North West Access Road

General Information

Standard status Active
Size 7,650 SF
Property subtype Retail, Industrial
Lease Type NN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2000
Buildings 1
Building Size 7,650 SF
Listing Agency: Expansion Realty Partners
Listed By: Andy Kutach · License #TX 688162
Source: Crexi
Added: Apr 27 Changed: Oct 12 Last Checked: Oct 12 at 6:49PM

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 Expansion Realty Partners

Investment Insights

Based on property information with market context.

This 7,650-square-foot industrial building was constructed in 2000 and is positioned for distribution, light manufacturing, or service operations. The facility offers a practical setting for businesses requiring industrial space and direct transportation access.

The property is located at 474 State Highway 42 North West Access Road in Kilgore, Texas, with immediate access to I-20 and frontage along a major regional transportation corridor.

Key Highlights

  • 7,650 SF industrial building
  • Built in 2000
  • Immediate access to I‑20

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,262
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,240 $1.1M
Cap Rate 7%
$775,171 $775.2K
Cap Rate 9%
$602,911 $602.9K
Market Conditions
NOI Build-Up for 7,650 SF
Gross rent
$69.8K $9.12/SF
− Vacancy
−$5.9K −$0.78/SF
EGI
$63.8K $8.34/SF
− OpEx
−$9.6K −$1.25/SF
NOI
$54.3K $7.09/SF
Area
Gregg County, TX
Vacancy
8.50%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,240
Cap Rate 7%
$775,171
Cap Rate 9%
$602,911

Alternative Uses

Best Use
Warehouse
$775.2K
$678.3K – $904.4K (±1% cap)
NOI $54,262 @ 7.0% cap · market cap 7.09%
Second Best
Industrial
$638.4K
$558.6K – $744.8K (±1% cap)
NOI $44,686 @ 7.0% cap · market cap 5.84%
Theoretical Best
Hotel Hospitality
$5.76M
$5.04M – $6.72M (±1% cap)
NOI $403,346 @ 7.0% cap · market cap 52.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick Electrical Service Plumbing Service Barber Shop Auto Parts Store Bakery Big Box & Wholesale 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Industrial facility with highway access and a configuration suited to distribution, light manufacturing, or service operations.
Where is this distribution center located?
The property is located at 474 State Highway 42 North West Access Road Kilgore, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 7,650 SF industrial building; Built in 2000; Immediate access to I‑20
(512) 484-3002 Call to check price and availability
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