6-Acre Commercial Property Near Hwy
1391 Flat Creek Road Athens, TX 75751
1391 Flat Creek Road, Athens, TX, 75751
$1,695,000
For Sale
$1,695,000
Versatile industrial property with office space and highway access.
Property Size15,000 SF
Lot Size6.00 Acres
Price / SF$113
Days on Market91
Property Features for 1391 Flat Creek Road
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 6.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing Agency
Stewart & McGee Real Estate
(903) 368-2277
Listed by
Julie Stewart · License #0391806
(903) 804-8003
Source
Signaturere
Added: Apr 22 Updated: Jul 10 at 1:18 pm Checked: Jul 20 at 8:06 am
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 6-acre commercial property is located just off Highway 31 and Flat Creek Road. It includes a main industrial building of approximately 15,000 square feet with a 27-foot peak height. The facility is equipped with 800 amps of 460-volt, 3-phase power, four roll-up doors (14' high x 10' wide), three loading docks, and a ground-level concrete ramp entrance. Inside the main building are two bathrooms, a break room, and a second-story office with mini-split air conditioning. Extensive forced-air ventilation enhances airflow throughout the workspace. A separate office building provides administrative space with three-zone air conditioning, two bathrooms, a break room, and a full kitchen. The office building includes three entry doors plus a double-door entrance. Fiber internet service is installed. The property offers room for equipment storage, expansion, parking, or outdoor operations. Its location near Highway 31 ensures convenient access for transportation, employees, and clients. This property is suitable for industrial, warehouse, distribution, or other business operations.
Key Highlights
- Prime 6‑acre commercial property with excellent accessibility near Highway 31 and Flat Creek Road.
- Main industrial building: 15,000 sq ft with 27‑foot peak height, 4 roll‑up doors, 3 loading docks, and a ground‑level ramp.
- Heavy industrial power: 800 amps of 460‑volt, 3‑phase electrical service.
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 | $122.4k | $8.16 |
| − Vacancy | −$12.5k | −$0.83 |
| EGI | $109.9k | $7.33 |
| − OpEx | −$16.5k | −$1.10 |
| NOI | $93.4k | $6.23 |
15,000 SF · lease $8.16/SF/yr · vacancy 10.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.33M
$1.17M – $1.56M
NOI $93,428 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$1.11M
$973.5K – $1.30M
NOI $77,883 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M
NOI $369,360 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Extreme Engineering
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Versatile industrial property with office space and highway access.
Where is this manufacturing property located?
The property is located at 1391 Flat Creek Road Athens, TX.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Prime 6‑acre commercial property with excellent accessibility near Highway 31 and Flat Creek Road.; Main industrial building: **15,000 sq ft with 27‑foot peak height, 4 roll‑up doors, 3 loading docks, and a ground‑level ramp.**; **Heavy industrial power: 800 amps of 460‑volt, 3‑phase electrical service.**
