Established Commercial Building in
100 McCaleb St Athens, TX 75751
100 McCaleb St, Athens, TX, 75751
$179,500
Pending
For Sale
$179,500
Pending
COMMERCIAL - Athens, TX
Property Size1,500 SF
Lot Size0.61 Acres
Days on Market328
Property Features for 100 McCaleb St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Com
- Standard status
- Pending
- APN
- 0782.0200.0000.01
- Size
- 1,500 SF
- Lot size
- 0.61 Acres
Taxes and HOA fees
- Tax Description
- .61 Acs. AB 782 T. Parmer Sur. Tr. 20
Building Details
- Year built
- 1983
Listing agency
Keller Williams Realty - Athens
(903) 658-8848
Listed by
Brad Rummel · License #0422393
(903) 681-3347
Added: Aug 28, 2025 Updated: Jun 26 at 4:09PM Checked: Jul 21 at 4:06PM
MLS# 109573
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This established commercial building is located just off Hwy 31 West in Athens, TX. The property includes approximately 600 square feet of office space equipped with electricity, gas, and water. In addition to the office area, there is approximately 900 square feet of warehouse space. The building's layout is suitable for various business needs. The property is situated on a 0.61-acre lot.
Key Highlights
- Commercial building built in 1983 at 100 McCaleb Street, Athens, TX
- ~600 SF office space with electricity, gas, and water
- Additional ~900 SF warehouse space
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
NOI $25,091 @ 7.0% cap · market cap 13.98%
Second Best
Flex RnD
$225.6K
$197.4K – $263.3K
NOI $15,795 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K
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
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial building with office and warehouse space in accessible location.
Where is this flex space located?
The property is located at 100 McCaleb St 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: Commercial building built in 1983 at 100 McCaleb Street, Athens, TX; ~600 SF office space with electricity, gas, and water; Additional ~900 SF warehouse space
