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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd Hwy 31 Athens, TX 75751

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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