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    State Highway 31 Athens, TX 75751

    For Sale
    $129,000

    Prime commercial land, high traffic count, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    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.

    Property Features for State Highway 31

    General Information

    Property type
    Other commercial real estate
    Lot Size
    88,427 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.91143
    Latitude
    32.19409

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial land, high traffic count, development potential.
    Where is this commercial real estate located?
    The property is located at State Highway 31 Athens, TX.
    What is the asking price?
    The asking price for this property is $129,000.
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    State Highway 31 Athens, TX 75751
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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
    State Highway 31 Athens, TX 75751
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