4811 State Highway 31, Kilgore, TX 75662

Property Details for 4811 State Highway 31

Year built

1997

Lot size

3.78 lot acres

Property type

Commercial real estate

Description

This exceptional 3.778-acre property, located at 4811 West State Highway 31 in Kilgore, Texas, presents a unique investment opportunity. The site boasts a 1,848 square foot retail building constructed in 1997, currently featuring two manufactured homes. The property's significant 1,000 feet of road frontage along Highway 31, a major thoroughfare with high traffic volume, offers tremendous potential for diverse uses. Current plans to widen Highway 31 from two to four lanes further enhance the property's value and accessibility. While a 0.5878-acre strip of land along the frontage is in negotiations for sale to the Texas Department of Transportation (TXDOT), the remaining 3.190 acres after the sale will still provide ample space. This versatile land is ideal for a variety of commercial ventures, including but not limited to an RV park, mobile home park, or subdivision. Residential uses such as multi-family dwellings or even agricultural pursuits like horse or cattle farming are also feasible. The asking price is $299,900, translating to $162.28 per square foot. The property's zoning and potential uses should be verified independently. This prime location near the well-known Country Tavern barbecue restaurant makes this a truly remarkable opportunity for investors seeking high-traffic exposure and diverse development possibilities. The single-story building offers immediate income potential, while the expansive acreage provides significant long-term growth prospects.

Location Insight

City

Kilgore

County

Gregg

State

Texas

Longitude

-94.8728093

Latitude

32.3754774