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    Tbd Hwy 31 Athens, TX 75751

    For Sale
    $129,000

    High-visibility 2-acre commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 2-acre commercial property is located on Hwy 31 E in Athens, Texas, offering unparalleled visibility and high traffic counts. Currently zoned for Planned Development, this versatile parcel boasts a daily traffic count of 7,369 vehicles, according to TxDOT data, ensuring significant exposure for any business. The land is wooded, presenting a unique opportunity for development tailored to the buyer's specific needs. Its prime location along a major thoroughfare makes it ideal for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. The high traffic volume guarantees substantial foot traffic and brand visibility, making this an attractive investment for entrepreneurs seeking a strategic location with strong growth potential. The existing Planned Development zoning simplifies the permitting process, potentially reducing development timelines and costs. This property represents a rare opportunity to acquire a highly visible and versatile commercial lot in a thriving Texas community. Further details are available in the accompanying information brochure accessible via the virtual tour. The asking price is $129,000.

    Property Features for Tbd Hwy 31

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.88719
    Latitude
    32.21471

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility 2-acre commercial lot.
    Where is this commercial real estate located?
    The property is located at Tbd Hwy 31 Athens, TX.
    What is the asking price?
    The asking price for this property is $129,000.
    (903) 675-3503
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    Tbd Hwy 31 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.

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    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
    Tbd Hwy 31 Athens, TX 75751
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