Insulated Metal Flex
For Sale
$279,000
812 S Commerce St., Kilgore, TX 75662
CommercialSale, Kilgore, TX
Property Size3,600 SF
Lot Size0.49 Acres
Price / SF$77.50
Days on Market145
Property Features for 812 S Commerce St.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot, Paved or Surfaced
Subdivision
A0800 - KILGORE NCB
Directions
From 31, go right onto N Kilgore St,go .5 miles turn right onto E LantripSt, turn left onto N Commerce St, goup .8 and property will be on left, signin yard.
Standard status
Active
APN
32428
Lot size
0.49 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1998
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Ramsey Realty Group
(903) 759-3333
Listed By:
Jeffery Ramsey · License #0575649
(903) 452-8892
Added: May 16
Changed: Sep 4
Last Checked: Oct 7 at 6:06AM
MLS# 21272274
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.
This 3,600-square-foot flex property includes a 3,200-square-foot open shop and a 400-square-foot office area. The insulated metal building was constructed in 1998 and features a finished front office, bathroom, concrete flooring, central heating and cooling, and a large bay door. A fenced rear yard adds functional outdoor space for equipment, storage, or work vehicles, while paved parking supports on-site access and maneuvering.
Located at 812 S Commerce St. in Kilgore, Texas, the property occupies 0.49 acres with street frontage. Public water and public sewer serve the site. The configuration is suited to automotive, fabrication, repair, service, and contractor operations.
Located at 812 S Commerce St. in Kilgore, Texas, the property occupies 0.49 acres with street frontage. Public water and public sewer serve the site. The configuration is suited to automotive, fabrication, repair, service, and contractor operations.
Key Highlights
- 3,600 square feet with 3,200 square feet of open shop space and a 400‑square‑foot office
- 0.49‑acre lot with street frontage and a fenced rear yard
- Insulated metal construction built in 1998
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,535
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,700
$510.7K
Cap Rate 7%
$364,786
$364.8K
Cap Rate 9%
$283,722
$283.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$32.8K $9.12/SF
− Vacancy
−$2.8K −$0.78/SF
EGI
$30.0K $8.34/SF
− OpEx
−$4.5K −$1.25/SF
NOI
$25.5K $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%
$510,700
Cap Rate 7%
$364,786
Cap Rate 9%
$283,722
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 authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial facility combines a finished office, open work area, bay access, and fenced outdoor storage.
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 square feet with 3,200 square feet of open shop space and a 400‑square‑foot office; 0.49‑acre lot with street frontage and a fenced rear yard; Insulated metal construction built in 1998
