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



8 more








Presented By: Julie Woods & Associate RE Fir
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Julie Woods & Associate RE Fir
Interior Features for 853 Marvin A Smith
Other Interior Features
FlooringConcrete
Lock Box TypeNone
SQFT Gross36400
Total Stories1
Total Units1
General for 853 Marvin A Smith
Building UseIndustrial
Business NameBishop Lifting
Business TypeIndustrial
Ceiling HeightMore than 20 Feet
CityKilgore
Construction MaterialsMetal Siding
CoolingCentral Air
CountyGregg
DirectionsFrom Highway 31 take FM 1252 andhead west. In approximately .5 milesturn right on Marvin A. Smith Drive.Continue on Marvin A. Smith Drivefor .75 miles. Property is on the left.
Gross Annual Expenses0.00
HeatingCentral
Number Of Leaseable Spaces1
Number Of Spaces Leased1
PossessionClosing/Funding
Property SubtypeIndustrial
Property TypeCommercial Sale
RoofMetal
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameSOUTHLAND
Tenant PaysElectricity, Gas, Sewer, Water
UtilitiesCo-op Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Outside City Limits, Private Sewer
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2023
Year Built DetailsPreowned
Zoning DescriptionRural
Exterior for 853 Marvin A Smith
Building Area Total36400.00
Construction Materials WallsMetal
Foundation Slab
Lot FeaturesAcreage
Lot Size10 to < 50 Acres
Lot Size Acres11.3200
Lot Size Area11.3200
Lot Size SourceOther
Lot Size Square Feet493099.2000
Lot Size UnitsAcres
Parking FeaturesConcrete, Parking Lot, Paved
Road Frontage TypeCounty Road
WaterfrontNo
Additional Details
Price History
Suzanne Smith
Broker/Owner
