Address
206 E State hwy 31 E Kilgore, TX
Price
$ 795,000
Property Attributes
  • MLS#10124186
  • TypeCommercial
  • CountyGREGG
  • CityKilgore
  • AreaGregg
  • Zip75662
  • StyleBuilding
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Samuel Scarborough at United Country Staples Property Group
Property Description

Real Estate Overview: The subject property is an unbranded Service Station & C-Store. A canopy, of +/-1,400 square feet, houses three double sided Gilbarco pumps with all dispensers equipped with gasoline and one dispenser equipped with diesel and gasoline. Fuel tanks were installed in 2005 with ACT Fiberglass lined tanks & lines. Tank capacity includes 8,000 gallons unleaded, 4,000 gallons super grade, and 4,000 gallons diesel. The land area of the site is approximately 15,544 sq. ft. (0.36 acres). Business Overview: Additionally, the subject property includes a 3,000 square foot unbranded C-Store. In 2018 the seller did extensive updates to the store with new store front fascia, new flooring throughout, new condensing units for the coolers, a new HVAC system, new cooler doors, a new hot water heater, and LED lighting. The store is also equipped with a full kitchen and a Passport POS system. Although no fuel agreement is in place, the seller has been approached by multiple brands with financial incentives. The subject has historically sold +/-7,000 gallons/month with +/-95% of fuel sales for gasoline and +/-5% of sales for diesel. Approximately +/-20% of sales come from fuel sales and +/-80% of sales come from inside store sales (C-Store products). From 2017-2019, revenues ranged from $490,000-$1,260,000 (rounded). It should be noted, 2018 saw a significant decline in sales due to the property being closed for 8 months while undergoing upgrades. Additionally, there is room for significant growth in fuel sales as the fuel pumps do not currently accept debit or fuel cards.

Price History
7/10/2020 Listed $835,000
10/7/2020 5% - $795,000

General Features

Ceiling Height Under 10 Feet
Class COMMERCIAL BUILDING/LAND
Construction Brick and Stone, Stucco
Cooling Central Electric
Electric Electric On Site
Heating Central Gas
Lease Terms None
Listing Area Gregg
Miscellaneous Security Lighting, Security System
Number of Buildings 1
Parking Covered, Off Street
Sewer Public Sewer
Status Active
Street Name State hwy 31 E
Subdivision TX
Topography Level
Water Public
Year Built 1974
Zoning Commercial

Interior Features

Gas Natural Gas Onsite
Photo Count 25

Exterior Features

Latitude 32.397212
Longitude -94.877866
Improvements Paved Interior Roads
Lot Size Area 0.356
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75662

Price
AVG $530K
$800K
Visits
AVG 19
10
Year Built
AVG 1961
1974
Walkscore
AVG 32
19
Data Provided by Walkscore ® not using MLS data

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