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    151 S 5Th St Honey Grove, TX 75446

    For Sale
    $1,000,000

    Business - Honey Grove, TX

    Type:Business
    Lot size:
    2.44 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 151 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000000094719
    Lot size
    2.44 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1983
    Flooring type
    Concrete
    Building materials
    Aluminum Siding, Brick
    Roof type
    Metal
    Architectural style
    Other

    Hygge Homes and Land (903) 363-2222

    Listing agent Lore Lane (903) 609-2050 License #0802673

    Listing date Sep 15, 2025

    MLS# 20996243 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Impressive Event Venue on 2.5 Acres

    This impressive event venue, spanning over 11,000 sq ft, is situated on nearly 2.5 acres. The property combines rustic farmhouse aesthetics with industrial character. The flexible, open layout has accommodated various events, including weddings, proms, family reunions, holiday markets, and showers. The property includes tables, chairs, and decor. Two attached silos present unique potential as a bridal suite, lounge, or bar. A finished concrete drive leads to a large roll-up garage door for vendor access. Soaring ceilings and an open floor plan allow for creative layouts. The space could be reimagined as a showroom, shared workspace, or multi-family living. There is land available to build additional residential units, expand parking, add a commercial kitchen, or develop outdoor event areas. Located in Honey Grove, Texas, the property is positioned to become a regional destination.
    Location Intelligence

    Current Use by Public Records

    Four31 Event Venue

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Honey Grove
    County
    Fannin
    State
    Texas
    Longitude
    -95.910164
    Latitude
    33.580036

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    FAQs

    What type of property is this?
    Wedding venue - 11,000+ sq ft event venue with rustic farmhouse vibes.
    Where is this wedding venue located?
    The property is located at 151 S 5Th St Honey Grove, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Expansive 11,000+ sq ft event venue on nearly 2.5 acres; - Flexible open layout suitable for diverse events or alternative uses; - Unique features: two attached silos offer potential for bridal suite, lounge, or bar
    (903) 609-2050
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    Honey Grove, TX 75446
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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
    151 S 5Th St Honey Grove, TX 75446
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