6265 Highway 42, Kilgore, TX 75662
This exceptional 18.41-acre commercial property in Kilgore, Texas, presents a remarkable investment opportunity. Located at 6265 HWY 42 N, this unrestricted land boasts prime visibility and accessibility, situated just minutes from Interstate 20. The property currently includes a 3-bedroom, 2-bathroom home with a 2-car garage, featuring an open-concept kitchen and living area, and a large master suite. However, the sellers are willing to consider selling the land separately, making this an ideal option for various development projects. The existing home, built in 2008, offers immediate potential for use or rental income. Given its location across from existing commercial properties and its suitability for pastureland, this versatile tract offers significant flexibility for commercial development or other uses. The asking price is $599,000. The property's zoning allows for a wide range of commercial ventures, making it an attractive investment for entrepreneurs and developers alike. Note: Lines depicted in photos are not surveyed boundary lines. The property is located in Gregg County, Texas, with a zip code of 75662.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.