500 E MAIN STREET Kilgore, TX 75662
COMMERCIAL - Kilgore, TX
- Added:
- Jan 23, 2025
- Days on Market:
- 535
- Last Refresh:
- Jul 12 at 11:06 am
Property Features for 500 E MAIN STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.30 Acres
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick, Concrete, Concrete Block, Glass, Metal, Slab, Stucco
Listing agent Randy Renshaw (903) 983-9314
Listing office Coldwell Banker Lenhart - Kilgore 208 HENDERSON BLVD., TX (903) 984-8285
Listing date Jan 23, 2025
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.
Investment Insights
Based on property information with market context.
The property is located at 500 E Main Street in downtown Kilgore, with access from two streets. Its historic landmark status and versatile building history may appeal to buyers looking for a multi-purpose commercial property.
With access points from two directions and primarily climate-controlled interior areas, the facility offers a practical layout for a range of commercial uses within one well-kept structure.
Key Highlights
- 21,000 SF historic facility in downtown Kilgore
- 1.3‑acre lot with access from two streets
- Majority of the property is climate controlled
Local Financial Insights For Industrial
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 | $191.5k | $9.12 |
| − Vacancy | −$16.3k | −$0.78 |
| EGI | $175.2k | $8.34 |
| − OpEx | −$52.6k | −$2.50 |
| NOI | $122.7k | $5.84 |
