Sue Milam Reed, Broker Associate
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853 Marvin A Smith, Kilgore, TX 75662

$5,750,000
  • 853 Marvin A Smith, Kilgore, TX 75662 Main Photo

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Active Option Contract
MLS#21162438
STATUSActive Option Contract PROPERTY TYPECommercial - Industrial SUBDIVISIONSOUTHLAND

Property Description

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.

853 Marvin A Smith | MLS# 21162438

This commercial property located at 853 Marvin A Smith, Kilgore, TX 75662 is currently listed for sale with an asking price of $5,750,000. Search Kilgore real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Commercial - Industrial
Cooling: Central Air
Heating: Central
Lot Size: 11.32 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 2023

Feature Descriptions

Days on Site: 41
Exterior: Metal Siding
Flooring: Concrete
Lot: Acreage
Parcel#: 1602163
Parking: Concrete, Parking Lot, Paved
Parking Notes: Concrete, Parking Lot, Paved
Units: 1
Utilities: Co-op Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Outside City Limits, Private Sewer

Listed By / Shown By

Listed By

Agency Name: Julie Woods & Associate RE Fir
Agency Contact: 903-587-5373
Agent Name: Julie Woods

agent picture

Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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