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3290 Business 259 - Hospitality I Owner User I Multi-Family

7.9 Acres of Commercial Land Offered at $500,000 in Kilgore, TX 75662

Investment Highlights

  • 356' of Hwy Frontage
  • Ample Land for Development
  • ±18K VPD

Executive Summary

**Motivated Sellers**
Along the heart of Kilgore, Texas, lies a remarkable commercial land opportunity that is ready to transform your real estate portfolio. This 7.909-acre property is a golden ticket for investors and developers seeking a versatile canvas for a variety of ventures. Situated along a bustling highway, boasting an impressive daily car volume, and surrounded by promising business prospects, this land is a dream come true for those in search of a sound investment.
One of the standout features of this property is its prime location, boasting approximately 356 feet of highway frontage. This not only guarantees maximum visibility but also ensures easy accessibility for potential customers. The high traffic count of over 18,000 vehicles per day is a testament to the property's strategic positioning, making it an ideal choice for businesses that thrive on exposure.
The commercial zoning of this land opens the doors to a wide range of possibilities. Whether you envision a multi-family development to cater to the growing demand for housing, a large owner-user development to house a thriving business, or a car sales lot to tap into the automotive market, this property can accommodate it all. The flexibility in zoning provides a significant advantage in attracting various businesses and investors.
It is worth mentioning that the property's proximity to several hotels offers a valuable reference point for potential buyers and investors. This location is strategically positioned to serve the needs of those seeking convenient accommodation, dining, and shopping options, making it an appealing prospect for a wide array of commercial properties.
In the dynamic world of commercial real estate, seizing the right opportunity is paramount, and this 7.909-acre property in Kilgore, Texas, is the epitome of such an opportunity. With prime highway frontage, commercial zoning, and the potential for various business ventures, it's a promising investment. Its strategic location amidst a thriving business ecosystem and high daily car volume enhances its appeal.
Don't miss out on this chance to make a substantial addition to your real estate portfolio. Contact us today to explore this property's potential and turn your real estate dreams into a profitable reality. The time to act is now.

Property Facts

Price $500,000
Sale Type Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Apartment Units
  • Auto Dealership
Total Lot Size 7.90 AC

1 Lot Available

Lot

Price $500,000
Price Per AC $63,291
Lot Size 7.90 AC

356' of highway frontage. Ample space for multifamily development, or a large owner user development.

Description

This 7.909-acre commercial land in Kilgore, Texas, offers a strategic location with a multitude of key features that make it a standout opportunity: Highway Frontage: Boasting approximately 356 feet of highway frontage, the property ensures maximum visibility and accessibility. This prime location is a magnet for businesses seeking exposure to a high daily car volume of over 18,000 vehicles. Zoning Versatility: The property is zoned for commercial use, providing versatility for various business ventures. This flexibility extends to multiple sectors, including retail, housing, automotive services, and more. Utilities and Infrastructure: The land is well-equipped with essential utilities and infrastructure, reducing the development timeline and costs for potential investors. This includes access to water, electricity, and sewage services. Market Demand: Kilgore and the surrounding areas have witnessed a growing demand for commercial properties. This land is perfectly poised to tap into this market, making it an attractive prospect for both local and out-of-town investors. Nearby Business Ecosystem: The property's proximity to several 3-star hotels is a notable advantage. It's an ideal reference point for potential buyers looking to cater to the accommodation and service needs of visitors and travelers. Economic Growth: Kilgore has been experiencing steady economic growth, creating an environment conducive to successful business endeavors. This land is a prime opportunity to be part of this thriving economy. Development Potential: Beyond the primary uses highlighted in the summary, this land could also accommodate additional developments such as warehousing, distribution centers, or mixed-use developments. Its size and zoning offer limitless potential for investors and developers.

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 29842735

  • Date on Market: 10/20/2023

  • Last Updated:

  • Address: 3290 Business 259, Kilgore, TX 75662

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