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    Property profile & analytics

    2800 Hale St Kilgore, TX 75662

    • Commercial real estate
    • 1,318 SF
    • 0.20 lot acres
    For Sale
    View listing
    $19,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2558598
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2800 Hale St

    Lot size
    0.20 lot acres
    Property size
    1,318 SF
    Property type
    Commercial real estate

    Description

    This exceptional .2-acre commercial lot, located at 2800 Hale Street in Kilgore, Texas (zip code 75662), presents a unique investment opportunity. The property boasts a 1,318 square foot existing structure, although its condition necessitates a comprehensive assessment. The building's current state is considered to have no value, however, some materials may be salvageable. Buyers should exercise caution when inspecting the property due to unstable flooring in certain areas. The property is being sold "as is." Its strategic location offers significant potential. Situated conveniently off Highway 31, a busy thoroughfare, this lot enjoys high visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price is $24,900. The property's address is easily accessible via the following route: travel north on Bus 259, turn left onto 31, then right onto Hale Street

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kilgore
    County
    Gregg
    State
    Texas
    Longitude
    -94.8631557
    Latitude
    32.4078014

    Comparable in this City

    • $103,500
      3.14 Acres

      Kilgore Commercial Land - $103,500

      3+ Acres Prime Commercial Land
      331 Longview St, Kilgore, TX 75662
      View Details
    • $79,900

      Kilgore Commercial Land Opportunity

      Commercial/agricultural zoned land with small office building in Kilgore, TX.
      3901 Stone Rd, Kilgore, TX 75662
      View Details
    • $1,895,000
      8,228 SF

      East Texas Event Venue on Acres

      Thriving event venue on 13 acres in scenic East Texas.
      14284 Tx 322, Kilgore, TX 75662
      View Details
    • $250,000
      1.10 Acres

      Kilgore Retail/Office/Learning Center Opportunity

      Versatile property suitable for retail, office, studio, or learning center.
      1009 Brook Dr, Kilgore, TX 75662
      View Details
    • $1,895,000
      8,228 SF

      East Texas Event Venue on Acres

      Thriving event venue on 13 acres near Lake Cherokee.
      14284 Tx 322, Kilgore, TX 75662
      View Details
    • $2,495,000
      8,228 SF

      East Texas Event and Wedding Venue

      Thriving event venue on 100 acres near Lake Cherokee.
      14284 State Highway 322 N, Kilgore, TX 75662
      View Details

    Similar Nearby for Sale

    • $103,500
      3.14 Acres

      Kilgore Commercial Land - $103,500

      3+ Acres Prime Commercial Land
      331 Longview St, Kilgore, TX 75662
      View Details
    • $79,900

      Kilgore Commercial Land Opportunity

      Commercial/agricultural zoned land with small office building in Kilgore, TX.
      3901 Stone Rd, Kilgore, TX 75662
      View Details
    • $1,895,000
      8,228 SF

      East Texas Event Venue on Acres

      Thriving event venue on 13 acres in scenic East Texas.
      14284 Tx 322, Kilgore, TX 75662
      View Details
    • $250,000
      1.10 Acres

      Kilgore Retail/Office/Learning Center Opportunity

      Versatile property suitable for retail, office, studio, or learning center.
      1009 Brook Dr, Kilgore, TX 75662
      View Details
    • $1,895,000
      8,228 SF

      East Texas Event Venue on Acres

      Thriving event venue on 13 acres near Lake Cherokee.
      14284 Tx 322, Kilgore, TX 75662
      View Details
    • $2,495,000
      8,228 SF

      East Texas Event and Wedding Venue

      Thriving event venue on 100 acres near Lake Cherokee.
      14284 State Highway 322 N, Kilgore, TX 75662
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,976 SF

      Kilgore Medical Office Complex

      Prime East Texas medical space, 2 buildings.
      1718 Henderson Blvd, Kilgore, TX 75662
      View Details
    • Contact for pricing

      Walmart Outparcel Pad Site

      Signalized corner pad site at Walmart entrance.
      1509 N Us Highway 259, Kilgore, TX 75662
      View Details
    • $6,000 /Mo
      7,841 SF

      Versatile Commercial Space in Kilgore

      8,000 SF Class A office, showroom, and warehouse space.
      2002 Synergy Blvd, Kilgore, TX 75662
      View Details
    • $55 SF/Yr
      59,154 SF

      Kilgore Retail Center Opportunity

      High-traffic retail space available in Kilgore, TX
      102 Midtown Plz, Kilgore, TX 75662
      View Details
    • Contact for pricing
      4,943 SF

      Kilgore Retail Space For Lease

      89,679 SF shopping center with restaurant opportunities.
      1003-1039 N Kilgore St, Kilgore, TX 75662
      View Details
    • Contact for pricing
      4,000 SF

      Kilgore Warehouse Space Available

      4,000 square foot warehouse space for lease in Kilgore.
      2721 State Highway 31 E, Kilgore, TX 75662
      View Details
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    2800 Hale St
    Kilgore, TX 75662
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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