Industrial Flex Property with
For Sale
$995,000
6275 FM 59, Athens, TX 75751
Multi-use facility combining office, warehouse, and climate-controlled storage units for flexible business operations.
Property Size6,116 SF
Lot Size16.00 Acres
Price / SF$162.69
Days on Market142
Property Features for 6275 FM 59
General Information
Standard status
Active
Size
6,116 SF
Lot size
16.00 Acres
Property subtype
General Commercial
Building Details
Year Built
2007
Listing Agency:
Keller Williams Realty
(903) 681-3347
Listed By:
Athens
(903) 681-3347
Source:
Xome
Added: Mar 14
Changed: Jul 10
Last Checked: Jun 15 at 6:36AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This multipurpose commercial property includes a mix of office space, warehouse space, and climate-controlled storage. The storage component consists of 12 individual units, supporting both operational and tenant-style uses alongside warehouse activity. The property is presented as a flexible combination of work space and controlled-environment storage.
The site is located in the county within the Athens ETJ, offering exposure and access through outstanding frontage on Farm to Market 59 and Loop 7. The public remarks emphasize high-traffic visibility and convenient accessibility from these roadways, with the added note that city taxes are not applicable.
For buyers seeking a versatile setup, the combination of office, warehouse, and climate-controlled units can support a range of business models, including day-to-day operations with on-site storage. Investors may also consider the property for structured storage income tied to the 12 units, while businesses can evaluate the facility for both working space and controlled storage in one location. Buyer and buyer’s agent should verify all information, including utilities, restrictions, acreage, and intended use.
The site is located in the county within the Athens ETJ, offering exposure and access through outstanding frontage on Farm to Market 59 and Loop 7. The public remarks emphasize high-traffic visibility and convenient accessibility from these roadways, with the added note that city taxes are not applicable.
For buyers seeking a versatile setup, the combination of office, warehouse, and climate-controlled units can support a range of business models, including day-to-day operations with on-site storage. Investors may also consider the property for structured storage income tied to the 12 units, while businesses can evaluate the facility for both working space and controlled storage in one location. Buyer and buyer’s agent should verify all information, including utilities, restrictions, acreage, and intended use.
Key Highlights
- Approximately 16.78 acres of multipurpose commercial space with loading dock and frontage on FM 59 and Loop 7
- Office space plus warehouse space for flexible business use
- Climate‑controlled storage with 12 individual units
Financial Insights For Flex RnD
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 | $110.1k | $18.00 |
| − Vacancy | −$11.0k | −$1.80 |
| EGI | $99.1k | $16.20 |
| − OpEx | −$34.7k | −$5.67 |
| NOI | $64.4k | $10.53 |
6,116 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.71M
NOI $102,303 @ 7.0% cap · market cap 10.28%
Second Best
Flex RnD
$920.0K
$805.0K – $1.07M
NOI $64,401 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,600 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Under-served
Demand for This Use
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?
Flex space - Multi-use facility combining office, warehouse, and climate-controlled storage units for flexible business operations.
Where is this flex space located?
The property is located at 6275 FM 59 Athens, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approximately 16.78 acres of multipurpose commercial space with loading dock and frontage on FM 59 and Loop 7; Office space plus warehouse space for flexible business use; Climate‑controlled storage with 12 individual units