For Sale
$299,900

4811 State Highway 31 Kilgore, TX 75662

Highway 31 retail space, farm potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • $299,900 asking price.
  • 1,848 square foot retail building on 3.778 acres.
  • Located at 4811 West State Highway 31, Kilgore, TX 75662.
  • Built in 1997, single-story building.
  • High traffic count location, near major highway.

Property Details for 4811 State Highway 31

Property type
Retail properties, Land
Square Feet
1,848 SF
Year Built
1997
Stories
1
Lot Size (sq. ft)
164,570 SF

Location Insight

City
Kilgore
County
Gregg
State
Texas
Latitude
32.3754774
Longitude
-94.8728093

FAQs

What type of property is this?
Retail property - Highway 31 retail space, farm potential.
Where is the retail property located?
The property is located at 4811 State Highway 31 Kilgore, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: $299,900 asking price.; 1,848 square foot retail building on 3.778 acres.; Located at 4811 West State Highway 31, Kilgore, TX 75662.
How can I contact the broker?
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4811 State Highway 31
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