Property profile

6265 Highway 42 Kilgore, TX 75662

OFF-MARKET
Land
18.41 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 18.41 ac (801,940 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6265 Highway 42 Kilgore, TX 75662
Kilgore metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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