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    2700 Us Hwy. 259 Kilgore, TX 75662

    For Sale
    $450,000

    Restaurant Space, 6000 SF, Lease Option

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 6,000-square-foot industrial property, located at 2700 US Hwy 259 N in Kilgore, Texas (zip code 75662), is offered for sale at $450,000. Previously used as a restaurant, this versatile space presents excellent potential for a similar business or retail operation. Its strategic location near several large industries ensures a strong customer base. The building features a sprinkler system and some restaurant equipment and fixtures will remain. The property is zoned for heavy manufacturing, offering diverse possibilities for future use. A lease option is also available for a qualified lessee at $3,000 per month for a three-year triple net lease. The property includes land, but the exact square footage of the land is not specified. The building's total area is 6000 square feet, encompassing the kitchen area. Further details are available upon request. This is a prime opportunity for investors or businesses seeking a well-located, adaptable space in a thriving industrial area of Kilgore, Texas.

    Property Features for 2700 Us Hwy. 259

    General Information

    Property type
    Distribution properties

    HighLights

    • $450,000 asking price.
    • 6,000 square foot building on 0 acres of land in Kilgore, TX.
    • Former restaurant; suitable for restaurant or retail use.
    • Located near several large industries.
    • Available for lease at $3,000/month, triple net, for a 3‑year term.
    • Some restaurant equipment and fixtures included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Hotel & Motel Department Store Kitchen & Bath Garden Center Convenience Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.8497495
    Latitude
    32.4065194

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    FAQs

    What type of property is this?
    Distribution property - Restaurant Space, 6000 SF, Lease Option
    Where is this distribution property located?
    The property is located at 2700 Us Hwy. 259 Kilgore, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 6,000 square foot building on 0 acres of land in Kilgore, TX.; Former restaurant; suitable for restaurant or retail use.
    Request Owner's contact information
    2700 Us Hwy. 259 Kilgore, TX 75662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2700 Us Hwy. 259 Kilgore, TX 75662
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