Mixed-Use Property with
For Sale
$575,000
7491 State Highway 19 S S, Athens, TX 75751
Two renovated residences accompany warehouse, workshop, and storage improvements along SH 19 S.
Property Size10,500 SF
Price / SF$54.76
Days on Market32
Property Features for 7491 State Highway 19 S S
General Information
Standard status
Active
Size
10,500 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
5,000 SF
Self-Storage Units
13
Building Details
Construction
metal
Listing Agency:
Stewart & McGee Real Estate
(903) 675-5207
Listed By:
Danae Oglesby · License #0680162
(903) 292-3339
Source:
Yplusa
Added: Sep 8
Changed: Oct 3
Last Checked: Oct 7 at 11:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stewart & McGee Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property combines two renovated residences with a collection of commercial buildings suited to storage, workshop, and warehouse operations. The improvements include a 5,000 SF metal warehouse with 20-ft sidewalls, a 4,000 SF metal building with drive-through access, roll-up bay doors, workshop space, and 4 individual storage units, plus a 1,500 SF building containing 9 storage units.
The primary residence offers approximately 2,000 SF and was renovated in 2023. A second residence provides 1,200 SF and has its own entrance from SH 19 S. The property has frontage on SH 19 S, with access to Loop 7 and connections toward Athens, Tyler, Cedar Creek Lake, and East Texas markets.
The configuration supports continued storage use, individual space leasing, contractor bays, business operations, or a live-work arrangement, subject to applicable requirements.
The primary residence offers approximately 2,000 SF and was renovated in 2023. A second residence provides 1,200 SF and has its own entrance from SH 19 S. The property has frontage on SH 19 S, with access to Loop 7 and connections toward Athens, Tyler, Cedar Creek Lake, and East Texas markets.
The configuration supports continued storage use, individual space leasing, contractor bays, business operations, or a live-work arrangement, subject to applicable requirements.
Key Highlights
- 5,000 SF metal warehouse with 20‑ft sidewalls
- 4,000 SF metal building with drive‑through access and roll‑up bay doors
- 1,500 SF building with 9 storage units of varying sizes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,650
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,000
$693.0K
Cap Rate 7%
$495,000
$495.0K
Cap Rate 9%
$385,000
$385.0K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$63.0K $6.00/SF
− Vacancy
−$7.6K −$0.72/SF
EGI
$55.4K $5.28/SF
− OpEx
−$20.8K −$1.98/SF
NOI
$34.7K $3.30/SF
Area
Henderson County, TX
Vacancy
12.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,000
Cap Rate 7%
$495,000
Cap Rate 9%
$385,000
Alternative Uses
Best Use
Office B
$2.51M
$2.20M – $2.93M
NOI $175,634 @ 7.0% cap · market cap 30.55%
Second Best
Warehouse
$934.3K
$817.5K – $1.09M
NOI $65,400 @ 7.0% cap · market cap 11.37%
Theoretical Best
Office A
$3.69M
$3.23M – $4.31M
NOI $258,552 @ 7.0% cap · market cap 44.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 75751, TX
17,100
Population
7,432
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
180.4 sq mi
ZIP Area
95
Density / Sq Mi
$71,524
Median Household Income
$31,897
Median Earnings
$1,063
Median Rent
$205,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two renovated residences accompany warehouse, workshop, and storage improvements along SH 19 S.
Where is this mixed-use property located?
The property is located at 7491 State Highway 19 S S Athens, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 5,000 SF metal warehouse with 20‑ft sidewalls; 4,000 SF metal building with drive‑through access and roll‑up bay doors; 1,500 SF building with 9 storage units of varying sizes
