853 MARVIN A SMITH, KILGORE, TX 75662
Homes for sale in Kilgore.
Homes for sale in 75662.
853 Marvin A Smith
Kilgore, TX 75662
List Price$5,750,000
Listing #21162438
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.
Property Features
Location Information
County
Gregg
Subdivision
SOUTHLAND
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Central
Tenant Pays
Electricity, Gas, Sewer, Water
Cooling
Central Air
Total Number of Units
1
Exterior Features
Construction
Metal Siding
Lot Size in Sq. Ft.
493,099
Foundation
Slab
Possible Best Use
Industrial
Roof
Metal
Zoning
Rural
Water / Sewer
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
36,400
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Road Description
County Road
Parking Description
Concrete, Paved, Parking Lot
Is One Story
No
Lot Description
Acreage
Lot Description
Acreage
Lot Size in Acres
11.32
Additional Information
Year Built Details
Preowned
Year Built
2023
Property Type
COM
Status
Active
Property SubType
Industrial
Lot Acres Source
Other
Similar Listings
Mortgage Calculator
$26,852
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$20,720
Monthly Tax
$4,791
Monthly Insurance
$1,341
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Julie Woods, Julie Woods & Associate RE Fir
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NTREIS - North Texas data last updated at January 24, 2026, 3:27 AM CT
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