Retail Building on Major
414 E Tyler St Athens, TX 75751
414 E Tyler St, Athens, TX, 75751
$1,500,000
For Sale
$1,500,000
Retail building on a 0.64-acre lot with substantial road frontage along Hwy 31 in Athens, TX.
Property Size5,750 SF
Lot Size0.64 Acres
Price / SF$260.87
Days on Market10
Property Features for 414 E Tyler St
General Information
- Standard status
- Active
- Size
- 5,750 SF
- Lot size
- 0.64 Acres
Listing agency
LPT Realty LLC.
(903) 330-1241
Listed by
Justin Miller
(903) 330-1241
Source
Exprealty
Added: Jul 13 Updated: Jul 22 at 9:22AM Checked: Jul 22 at 9:22AM
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 LPT Realty LLC.
Investment Insights
Based on property information with market context.
This 5,750-square-foot retail building sits on a 0.64-acre lot and is positioned for high visibility with extensive road frontage along Hwy 31. The property offers a commercial site suited to retail occupancy and customer-serving uses.
Located at 414 E Tyler St in Athens, TX, the site is directly across from a cluster of established restaurants, retail stores, and other customer-focused businesses. Nearby and within walking distance of key local businesses such as Bacon Chevrolet, Brookshire’s, Chili’s, McCalister’s Deli, Braum’s, and others, the location supports foot traffic in addition to highway exposure.
Located at 414 E Tyler St in Athens, TX, the site is directly across from a cluster of established restaurants, retail stores, and other customer-focused businesses. Nearby and within walking distance of key local businesses such as Bacon Chevrolet, Brookshire’s, Chili’s, McCalister’s Deli, Braum’s, and others, the location supports foot traffic in addition to highway exposure.
Key Highlights
- 5,750 SF retail building on a 0.64‑acre lot in Athens, TX
- Substantial road frontage along Hwy 31
- Located on Hwy 31 across from established restaurants and retail stores
Local Financial Insights For Retail
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 | $115.2k | $20.04 |
| − Vacancy | −$2.5k | −$0.44 |
| EGI | $112.7k | $19.60 |
| − OpEx | −$33.8k | −$5.88 |
| NOI | $78.9k | $13.72 |
5,750 SF · lease $20.04/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.13M
$986.1K – $1.31M
NOI $78,886 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,588 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Intoxalock Ignition Interlock
Building Supply
H P Car ...
Electronics & Wireless Store
U-Haul Neighborhood Dealer
Car Rental Facility
Lifesafer Ignition Interlock
Building Supply
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FAQs
What type of property is this?
Retail space - Retail building on a 0.64-acre lot with substantial road frontage along Hwy 31 in Athens, TX.
Where is this retail space located?
The property is located at 414 E Tyler St Athens, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,750 SF retail building on a 0.64‑acre lot in Athens, TX; Substantial road frontage along Hwy 31; Located on Hwy 31 across from established restaurants and retail stores
