Versatile Commercial Shop
812 S Commerce St. Kilgore, TX 75662
812 S Commerce St., Kilgore, TX, 75662
$279,000
For Sale
$279,000
3,600 SF metal shop on 0.49-acre lot for sale.
Property Size3,600 SF
Lot Size0.49 Acres
Price / SF$77.50
Days on Market48
Property Features for 812 S Commerce St.
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.49 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1998
Listing Agency
Ramsey Realty Group
(903) 452-8892
Listed by
Jeffery Ramsey · License #0575649
(903) 452-8892
Source
Signaturere
Added: Jun 1 Checked: Jul 17 at 9:25 am
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 Ramsey Realty Group
Investment Insights
Based on property information with market context.
This commercially zoned metal shop building offers 3,600 square feet of space, including 3,200 square feet of open shop area and a 400 square foot office. Situated on a 0.49-acre lot, the property provides excellent access and a functional layout suitable for various business uses. The building features a finished front office area, a bathroom, and a spacious open shop space. It also includes one large bay door and a fenced rear yard, ideal for equipment, storage, or work vehicles. The insulated metal construction ensures durability and low maintenance. The layout is well-suited for automotive, fabrication, repair, service, or contractor operations. The property benefits from convenient street frontage with ample room for parking and maneuvering. This presents a great opportunity for an owner-user or as an investment property in a versatile commercial location.
Key Highlights
- 3,600 sq ft Commercially Zoned Metal Shop Building on 0.49‑Acre Lot
- Functional layout suitable for various business uses
- Includes 3200 sq ft Open Shop Space, 400 sq ft Finished Office, and Bathroom
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 | $32.8k | $9.12 |
| − Vacancy | −$2.8k | −$0.78 |
| EGI | $30.0k | $8.34 |
| − OpEx | −$9.0k | −$2.50 |
| NOI | $21.0k | $5.84 |
3,600 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$696.6K
$609.5K – $812.7K
NOI $48,763 @ 7.0% cap · market cap 17.48%
Second Best
Industrial
$300.4K
$262.9K – $350.5K
NOI $21,029 @ 7.0% cap · market cap 7.54%
Theoretical Best
Hotel Hospitality
$2.71M
$2.37M – $3.16M
NOI $189,810 @ 7.0% cap · market cap 68.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Reds Heavy Truck Repair — 2001 White St Odessa tx 79766, Kilgore, TX 75662
- Berith Equipment Inc — 1205 Industrial Blvd, Kilgore, TX 75662
- Ryan's Tire Sales & Service — 1301 S Commerce St, Kilgore, TX 75662
- Downin's Inc — 200 Industrial Blvd, Kilgore, TX 75662
- Pride Pump & Supply — 901 S Commerce St, Kilgore, TX 75662
FAQs
What type of property is this?
Auto shop - 3,600 SF metal shop on 0.49-acre lot for sale.
Where is this auto shop located?
The property is located at 812 S Commerce St. Kilgore, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 3,600 sq ft Commercially Zoned Metal Shop Building on 0.49‑Acre Lot; Functional layout suitable for various business uses; Includes **3200 sq ft Open Shop Space**, 400 sq ft Finished Office, and Bathroom
