1404 Kilgore DrHenderson, TX 75652

  • Commercial real estate
  • 2,422 SF
For Sale
$339,900 View listing

Property Details for 1404 Kilgore Dr

Lot size
0.39 AC
Property size (Sq ft)
2,422 SF
Property type
Commercial real estate
APN
27676
APU
27676

Description

This exceptional commercial property, located at 1404 Kilgore Dr, Henderson, TX 75652, presents a unique investment opportunity. Priced at $339,900, this mixed-use land parcel spans 1-2 acres and is currently utilized as an auto repair shop. The property is being sold "as is," requiring potential buyers to conduct a thorough inspection to assess its suitability for their intended use. The existing building requires repairs and is not being renovated by the seller. The property offers excellent accessibility, with the front two lots fronting Kilgore Drive and the rear lots accessible from Longview Drive. This prime location in Rusk County, Texas, makes it ideal for a variety of commercial ventures. The property is subject to a ground lease with approximately 10 years remaining. Serious inquiries only, please allow sufficient time for scheduling showings with the current occupant. Buyers are responsible for conducting their own due diligence and inspections. This is a chance to acquire a well-situated commercial property with significant potential, but requiring renovation and adaptation to suit the buyer's specific needs. The property's size and location in Henderson, Texas, offer considerable upside for the right investor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $610,525
    Hospitality
    $559,238
    Educational
    $465,279
    Medical
    $481,281
    Retail
    $723,768

Location Insight

City
Henderson
County
Rusk
State
Texas
Latitude
32.1872
Longitude
-94.8006
CBSA code
30980
CBSA name
LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,877
$50,000
$39,280
$89,280
-
$50,000
$39,280
$89,280

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