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$3,501,800

NAL Estimated Property Value

853 Marvin A Smith Drive, Kilgore, TX, 75662

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths36,400 Sq Ft
price_per_sqft$157.97 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11.32 acres

Land Information

APN6568020001-001-10-04
Lot Number1B,1B-6
SubdivisionSouthland Addn Sec 1
Land UseReal - Commercial Real Estate
Legal DescriptionLT 1B-6 BLK 1 SOUTHLAND ADDN SEC 2
Census Tract010401
Assessed Land Value$226,320
Assessed Improvement Value$3,275,480
Assessment Year2025

About this property

Income-producing industrial investment property in Kilgore, TX, leased long-term to Bishop Lifting under a NNN-style lease. This modern pre-engineered metal building (PEMB) totals approx. 36,000 SF, featuring 6,000 SF of Class A office space and 30,000 SF of shop/warehouse space with 26' eave height and (4) 10-ton bridge cranes. The facility sits on a large, usable site with ample stabilized yard area for equipment, laydown, and truck circulation, with convenient access to I-20 and major East Texas industrial markets. The property generates a current annual NOI of approximately $396,000, with contractual rent escalations in place and lease term extending through 2034, providing predictable cash flow and built-in income growth. Single-tenant occupancy, a strong industrial user, and a highly functional crane-served design make this an attractive option for investors seeking stable passive income, 1031 exchange placement, or a long-term industrial NNN hold in the East Texas market. Contact listing agent for full lease details, financials, and offering package.

Investor Tools

Property Icon
$3,501,800
Estimated Property Value
$0Estimated Mortgage Balance
$3,501,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$34,500 /month
Positive
Cash Flow Estimate:
$11,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$3,501,800
2025
$226,320
$3,275,480
$3,501,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$3,501,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,501,800
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kilgore

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853 Marvin A Smith Drive | Property Details | No Agent List