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Property profile & analytics
OFF-MARKET
Commercial land

2019 Henderson Blvd Kilgore, TX 75662-3567

0.39 ac lot
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US82-7836526
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, multi-tenant office building situated in the heart of Kilgore, Texas. The 6,000 square foot property, located at 2019 S Henderson Blvd, is comprised of four suites within a single, one-story building on a half-acre lot with Highway 259 frontage. Currently housing a mix of medical and spa tenants, this property boasts 100% occupancy with a gross lease structure. Each suite offers approximately 3 exam rooms, two restrooms (one public, one private), a reception and waiting area, executive offices, and a work room. The suites are comfortably arranged around a shared courtyard with convenient interior access. Recent updates in 2022 enhance the property's appeal. Ample parking is available. The property's zoning permits commercial use and its central Kilgore location within Rusk County provides excellent visibility and accessibility. The asking price is $365,000, translating to $60.83 per square foot. The property's versatile design presents potential for subdivision into individual salon, spa, or creative office spaces. All utilities are available. This is a rare opportunity to acquire a high-performing, multi-tenant office building in a desirable location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.39 ac (16,988 SF)
APN 3790000008-001-00-04
UPID US82-7836526
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
Current use
Occupant on record · Public records
  • Dr. Gary C. White, MD Pediatrician Physician
  • Lanka Surya MD Physician
  • Searcy Primary Care Medical Clinic
  • The Wax Realm Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James Chowanski · 2 yrs held
James Chowanski
since 2024
5 recorded transactions
2024
Price N/A
2014
$189,900
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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