Metal Shop Building with
812 S Commerce St. Kilgore, TX 75662
For Sale
$279,000
COMMERCIAL - Kilgore, TX
Property Size3,600 SF
Lot Size0.49 Acres
Price / SF$77.50
Days on Market78
Property Features for 812 S Commerce St.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.49 Acres
Building Details
- Year built
- 1998
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Metal
- Roof type
- Metal
Listing Agency:
Ramsey Realty Group
(903) 759-3333
Listed By:
Jeff Ramsey · License #0575649
(903) 452-8892
Added: May 8
Changed: Jul 24
Last Checked: Jul 24 at 9:06PM
MLS# 20263518
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.
Located at 812 S Commerce St. in Kilgore, TX, this 3,600 square foot metal shop building is set on a 0.49-acre lot with convenient street frontage and an operational layout. The property includes approximately 3,200 square feet of open shop space along with a finished front office area of about 400 square feet, plus a bathroom.
The insulated construction supports durability and low maintenance, and the facility is designed for practical business use. A large bay door provides direct access to the open shop area, while a fenced rear yard can support equipment, storage, or work vehicle staging. Ample room for parking and maneuvering is available on site, making the building workable for a range of contractor and service-oriented operations where a functional shop layout matters.
The insulated construction supports durability and low maintenance, and the facility is designed for practical business use. A large bay door provides direct access to the open shop area, while a fenced rear yard can support equipment, storage, or work vehicle staging. Ample room for parking and maneuvering is available on site, making the building workable for a range of contractor and service-oriented operations where a functional shop layout matters.
Key Highlights
- 3,600 sq ft metal shop building built in 1998 with 3,200 sq ft open shop space and 400 sq ft office
- Commercially zoned property on a 0.49‑acre lot with street frontage and ample room for parking and maneuvering
- Insulated metal construction with a metal roof for durability and low maintenance
Financial Insights For Warehouse
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 | −$4.5k | −$1.25 |
| NOI | $25.5k | $7.09 |
3,600 SF · lease $9.12/SF/yr · vacancy 8.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$364.8K
$319.2K – $425.6K
NOI $25,535 @ 7.0% cap · market cap 9.15%
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
Flex space
FAQs
What type of property is this?
Flex space - Insulated metal shop building offers open work area, a finished front office, and a fenced rear yard.
Where is this flex space 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 metal shop building built in 1998 with 3,200 sq ft open shop space and 400 sq ft office; Commercially zoned property on a 0.49‑acre lot with street frontage and ample room for parking and maneuvering; Insulated metal construction with a metal roof for durability and low maintenance
