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    OFF-MARKET
    Land

    6265 Highway 42, Kilgore, TX 75662

    18.41 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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