State Highway 31 Athens, TX 75751
This exceptional 2.03-acre property located at TBD E State Highway 31 in Athens, Texas presents a compelling investment opportunity. Boasting a highly desirable location with exceptional visibility, this parcel benefits from a daily traffic count of 7,369 vehicles, according to the Texas Department of Transportation (TxDOT). Currently zoned for Planned Development, the possibilities are numerous and diverse. The land itself is wooded, offering a natural aesthetic that could be incorporated into a variety of development plans. The asking price is $129,000. Given the high traffic volume and flexible zoning, this property is ideally suited for businesses seeking maximum exposure and accessibility. Its strategic location along State Highway 31 ensures significant visibility to a large daily commuter base. Prospective buyers are encouraged to explore the potential for retail, commercial, or other development projects that would thrive in this high-traffic area. The property's size and zoning provide ample flexibility for a range of development scenarios. Serious inquiries are welcome. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a growing Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.