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    1114 Fm 1616 Athens, TX 75751

    For Sale
    $1,220,000

    Commercial - Athens, TX

    Days on Market:
    202
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 1114 Fm 1616

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2455.0000.0100.01

    Utilities

    Heating system
    Central
    Cooling system
    Electric

    Building Details

    Flooring type
    Concrete
    Roof type
    Composition
    Architectural style
    Other

    STEVE GRANT REAL ESTATE LLC (903) 675-3503

    Listing agent Patricia McGuffey (903) 675-3503

    Listing date May 22, 2025

    MLS# 109044 Listing URL

    Copyright © 2025 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Corner Lot

    This prime commercial property features a 2.1515-acre lot situated at the intersection of Hwy 31 East Business and FM 1616 in Athens, Texas. It is located on what is considered the best corner available in the area. FM 1616 connects to Loop 7. The property boasts approximately 350' of frontage on Hwy 31E and approximately 565' of frontage on FM 1616, along with 3 curb cuts. There is one structure on the property, but it is considered to have no value. Neighboring businesses include an auto dealership and chain restaurants. A hotel and Denny's restaurant are upcoming across Hwy 31E. Utilities are available, and the property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.824462
    Latitude
    32.217552

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    FAQs

    What type of property is this?
    Commercial land - 2.15-acre commercial lot at a high-traffic intersection in Athens.
    Where is this commercial land located?
    The property is located at 1114 Fm 1616 Athens, TX.
    What is the asking price?
    The asking price for this property is $1,220,000.
    What are key features of this property?
    This property features: - Prime 2.1515-acre commercial lot at the best corner in Athens.; - High-traffic location at the intersection of Hwy 31E Business and FM 1616 with a traffic light.; - Significant frontage: Approximately 350' on Hwy 31E and 565' on FM 1616.
    (903) 675-3503
    Request Owner's contact information
    1114 Fm 1616 Athens, TX 75751
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    Athens, TX 75751
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1114 Fm 1616 Athens, TX 75751
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