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Flex Space Building with Office/Warehouse

100 Mccaleb Street Athens, TX 75751

100 Mccaleb Street, Athens, TX, 75751
$179,500
Pending
For Sale
$179,500
Pending

SINGLE_FAMILY - Athens, TX

Property Size1,500 SF
Lot Size0.61 Acres
Days on Market22

Property Features for 100 Mccaleb Street

General Information

Property type
Residential
Property subtype
Retail
Parking features
Driveway
Standard status
Pending
APN
07820200000001
Lot size
0.61 Acres

Taxes and HOA fees

Tax Description
AB 782 T PARMER SUR, TR 20 (RE:LT 6H)
Tax Annual Amount
1086

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1983
Floors in Building
1
Number of units
1
Building materials
AluminumSiding
Roof type
Metal
Listing agency Keller Williams Realty Athens
Listed by Bradford Rummel · License #0422393
Added: Jun 30 Updated: Jul 10 at 8:35AM Checked: Jul 21 at 6:06PM
MLS# 21044931

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This established commercial building offers a combined office and warehouse setup, currently occupied by Wainwright Construction. The property includes approximately 600 square feet of office space with electricity, gas, and water, plus an additional approximately 900 square feet of warehouse space. The layout supports day-to-day business needs that require both administrative space and practical storage or work area in one location.

Conveniently located at 100 McCaleb Street in Athens, Texas, the building sits just off Highway 31 West, providing straightforward access for employees, deliveries, and visitors. With the property already configured for mixed use, it can be a manageable option for owners or tenants looking to move in without starting from scratch.

For buyers, the current configuration makes the asset well-suited to contractors, small manufacturers, trades, or other operators who benefit from having office functionality alongside a warehouse area. For tenants, the blend of office utilities and warehouse space can accommodate a range of flex-style operations, depending on business requirements and desired occupancy plan.

Key Highlights

  • 1983‑built commercial building at 100 McCaleb Street in Athens, TX
  • Approximately 600 SF office space plus approximately 900 SF warehouse space
  • Currently occupied by Wainwright Construction

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.0k $18.00
− Vacancy −$2.7k −$1.80
EGI $24.3k $16.20
− OpEx −$8.5k −$5.67
NOI $15.8k $10.53
1,500 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%

Alternative Uses

Best Use
Office B
$358.4K
$313.6K – $418.2K (±1% cap)
NOI $25,091 @ 7.0% cap · market cap 13.98%
Second Best
Flex RnD
$225.6K
$197.4K – $263.3K (±1% cap)
NOI $15,795 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K (±1% cap)
NOI $36,936 @ 7.0% cap · market cap 20.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gillert Gas Co Gas Company Wainright Construction General Contractor

Suggested Use

Real Estate Agency Dental Office Grocery & Convenience Store Gym & Fitness Center Bakery Nail Salon Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Spa & Massage Center

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

FAQs

What type of property is this?
Flex space - Office and warehouse space in an established commercial building with utilities in place for a variety of business uses.
Where is this flex space located?
The property is located at 100 Mccaleb Street Athens, TX.
What is the asking price?
The asking price for this property is $179,500.
What are key features of this property?
This property features: 1983‑built commercial building at 100 McCaleb Street in Athens, TX; Approximately 600 SF office space plus approximately 900 SF warehouse space; Currently occupied by Wainwright Construction
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