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    102 Palestine St Athens, TX 75751

    For Sale
    $525,000

    Prime Retail Building, High Traffic Area

    Property size:
    5,530 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 5,530 square foot commercial building is ideally situated in the heart of downtown Athens, Texas, offering unparalleled visibility and accessibility. The property boasts a desirable location, ensuring high foot traffic and exposure to a thriving local community. The ground floor features an expansive open floor plan, perfect for retail displays, with large windows maximizing natural light and showcasing merchandise effectively. This flexible space is adaptable to a variety of business uses, including retail, office space, or even a small restaurant. Upstairs, a private one-bedroom apartment with a separate bathroom provides additional space, potentially for owner occupancy or rental income. Multiple office spaces are also available on the upper level, offering versatility and potential for expansion. The building includes ample storage space, catering to the needs of various businesses. The 0.11-acre lot provides room for potential future expansion or outdoor seating, depending on the intended use. This centrally located property offers easy access to local amenities, making it an attractive and convenient location for both employees and customers. The asking price of $525,000 presents a compelling opportunity to establish or expand a business in a vibrant and growing Texas town. Don't miss this chance to secure a prime commercial property in a highly desirable location.

    Property Features for 102 Palestine St

    General Information

    Property type
    Retail properties
    Square Feet
    5,530 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    2004
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    East Texas Screen ... Screen Printer Railway Hippie Boutique

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.85337
    Latitude
    32.20462

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Building, High Traffic Area
    Where is this retail property located?
    The property is located at 102 Palestine St Athens, TX.
    What is the asking price?
    The asking price for this property is $525,000.
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    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.

    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
    102 Palestine St Athens, TX 75751
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