1391 Flat Creek Athens, TX 75751
COMMERCIAL - Athens, TX
- Added:
- Mar 8, 2026
- Days on Market:
- 124
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 1391 Flat Creek
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Standard status
- Active
- APN
- 2759.0000.0020.01
- Size
- 19,000 SF
- Lot size
- 6.00 Acres
Building Details
- Year built
- 1982
Listing agent Julie Stewart License #0391806 (903) 804-8003
Listing office Stewart & McGee Real Estate, LLC. 612 Maryland Dr, ATHENS, TX (903) 675-5207
Listing date Mar 8, 2026
Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A separate office building provides dedicated administrative space with three-zone air conditioning. It includes two bathrooms, a break room, and a full kitchen, along with three entry doors plus a double-door entrance for flexible staff and visitor access. Fiber internet service is already installed on-site. The property is positioned just off Highway 31 and Flat Creek Road, with zoning listed as Comm.
Designed for industrial, warehouse, distribution, or business operations needing both heavy power and functional office space, the site supports equipment and storage requirements with its height, loading capacity, and ground-level ramp. The additional office building helps separate day-to-day administrative functions from the main production or logistics space. Owner financing is available per the seller’s remarks.
Key Highlights
- 6‑acre commercial property with two buildings located just off Hwy 31 and Flat Creek Road
- Main industrial building: approx. 15,000 SF built in 1982 with 27‑foot peak height
- Power and loading for industrial use: 800 amps 460‑volt 3‑phase power, four 14' x 10' roll‑up doors, and three loading docks
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.0k | $8.16 |
| − Vacancy | −$15.8k | −$0.83 |
| EGI | $139.2k | $7.33 |
| − OpEx | −$20.9k | −$1.10 |
| NOI | $118.3k | $6.23 |
Alternative Uses
Property Analytics
Current Use by Public Records
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