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$5,750,000 Just Listed
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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 and30,000 SF of shop/warehouse space with 26' eave height and (4) 10-ton bridge cranes. The facility sits on a large, usable sitewith 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 forinvestors seeking passive income, 1031 exchange placement, or a long-term industrial NNN hold in the East Texasmarket. Contact listing agent for full lease details, financials, and offering package.
Full Property Details
Full Property Details for 853 Marvin A Smith
General
- Price: $5,750,000
- Status: Active
- Type: Warehouse
- Source: Tyler_MLS
- MLS ID: 26001185
- Updated: 1/23/2026
- Added to Site: Today
Business
- Misc. Information: Fenced
Rental Information
- Lease Terms: Over 3 Years
Additional Information
- Improvements: Fenced
Parking
- Parking: Additional Parking Avail, Off Street
Location
- County: Gregg
- Driving Directions: From 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.
Heating & Cooling
- Cooling Type: Central Electric
Utilities
- Gas: Natural Gas Onsite
- Sewer: Private Sewer
- Water: Public
Structural Information
- Exterior Const.: Metal
- Ceiling Height: Over 25 Feet
- Square Feet: 36,400
- Year Built: 2023
- Year Built Source: Builder
Lot Features
- Lot Size (Acres): 11.32
- Lot Dimensions: irregular
- Frontage: City/Town Road
- Street/Road Desc.: Gravel
- Topography: Level
- Potential Use: Warehouse
- Zoning: Commercial, Industrial
Financial Considerations
- Terms: Conventional, Must Qualify, Cash
- Tenant Pays: Electric, Gas, Water
Disclosures and Reports
- Surveyed: Plat
Listed by Julie Woods & Associates - Longview, Julie Woods
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Schools
Schools serving 853 Marvin A Smith
School District:Sabine Independent School District
| Name | Grades | Distance |
|---|---|---|
Sabine Elementary School 645 Access Road, Kilgore, TX 75662 | PK-5 | 6.1 mi |
Sabine Middle School 5424 Farm-to-Market 1252 West, Gladewater, TX 75647 | 6-8 | 7.1 mi |
Sabine High School 5424 Farm-to-Market 1252 West, Gladewater, TX 75647 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 853 Marvin A Smith
Date
Details
Price
Change
Source
1/23/2026
Listed
$5,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 853 Marvin A Smith
Year
Property Taxes
Change
Tax Assessment
Change
2024
—
$3,501,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 853 Marvin A Smith
853 Marvin A Smith, Kilgore, TX 75662 (MLS# 26001185) is a Warehouse property. 853 Marvin A Smith is currently listed for $5,750,000 and was received on January 23, 2026. Want to learn more about 853 Marvin A Smith? Do you have questions about finding other Warehouse real estate for sale in Kilgore? You can browse all Kilgore real estate or contact a Coldwell Banker agent to request more information.

