238 Joy Wright Mt Rd Kilgore, TX 75662
This exceptional investment opportunity presents a 3,000 square foot retail property situated on a highly visible 2-acre lot along the I-20 corridor in Kilgore, Texas. The property boasts two established businesses: a thriving 3,000 square foot liquor store, "Cork & Bottle," known for its loyal customer base, and a 1,900 square foot restaurant space ripe for redevelopment or lease. The combined square footage offers significant potential for expansion or diversification. The property's prime location ensures high traffic volume and excellent visibility, making it an ideal investment for a savvy entrepreneur seeking a turnkey operation with immediate income generation and substantial long-term growth potential. The existing liquor store provides a stable revenue stream, while the restaurant space presents a blank canvas for a new concept or a revitalization of an existing one. This dual-business property offers a unique opportunity to acquire a well-established business alongside a significant development opportunity, all within a single, strategically located parcel. The 2-acre lot provides ample space for future expansion or additional development, further enhancing the investment's long-term value. This is a rare chance to own a multi-faceted commercial property in a high-growth area.
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
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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.