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    OFF-MARKET
    Commercial real estate

    Stone Rd, Kilgore, TX 75662

    22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22-acre commercial property presents a significant investment opportunity in the heart of Kilgore, Texas. Strategically situated, approximately 2 acres are located at the highly visible corner of Stone Road and Pentecost Road, offering excellent potential for rezoning to suit a variety of commercial uses. The remaining acreage is situated within a floodplain. The property's current zoning is Special Use, providing flexibility for future development plans. Prospective buyers should note that the final legal description will be determined by a new survey conducted at the time of contract and subsequently approved by the sellers. This ensures accuracy and clarity regarding property boundaries. This substantial land holding offers a unique chance to establish a prominent commercial presence in a thriving Texas community. The high-traffic corner lot provides exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. While the floodplain designation impacts a portion of the land, the significant acreage at the intersection presents a compelling opportunity for development. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the survey and legal description will be provided upon request. The asking price for this expansive property is $150,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 22 ac (958,320 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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