Building Details

Year built 2007

Listing Agency: Keller Williams Realty - Athens Show Phone

Listed By: Brad Rummel · License #0422393 Show Phone

Added: May 7 Changed: Oct 23 Last Checked: Nov 4 at 2:06AM

Report an Issue

MLS# 112817

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.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 6,116-square-foot flex property, built in 2007, combines office space, warehouse space, and climate-controlled storage. The storage component includes 12 individual units, creating a varied commercial configuration within the larger site. The property encompasses 16.78 acres and is positioned for business operations, storage use, and future expansion as supported by the existing improvements.

Frontage extends along Farm to Market 59 and Loop 7 in Athens, providing access from two established roadways. The property is located in the county within the Athens ETJ and has no city taxes. Utilities, restrictions, acreage, and intended use should be independently verified by the buyer and buyer’s agent.

Key Highlights

• 16.78‑acre flex property with 6,116 square feet of improvements
• Office space, warehouse space, and climate‑controlled storage on site
• 12 individual climate‑controlled storage units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$64,401

Cap Rate

6.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,288,020 $1.3M

Cap Rate 7%

$920,014 $920.0K

Cap Rate 9%

$715,567 $715.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,116 SF

Gross rent

$110.1K $18.00/SF

− Vacancy

−$11.0K −$1.80/SF

EGI

$99.1K $16.20/SF

− OpEx

−$34.7K −$5.67/SF

NOI

$64.4K $10.53/SF

Area

Henderson County, TX

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,288,020

Cap Rate 7%

$920,014

Cap Rate 9%

$715,567

Alternative Uses

Best Use

Flex RnD

$920.0K

$805.0K – $1.07M (±1% cap)

NOI $64,401 @ 7.0% cap · market cap 6.47%

Second Best

Warehouse

$544.2K

$476.2K – $634.9K (±1% cap)

NOI $38,094 @ 7.0% cap · market cap 3.83%

Theoretical Best

Office A

$2.15M

$1.88M – $2.51M (±1% cap)

NOI $150,600 @ 7.0% cap · market cap 15.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hendry Electric Electrical Service

Suggested Use

Top Pick Electrical Service Auto Parts Store Garden Center Pet Store Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Well-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 Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Flex Building with Warehouse Space

1704 Rocky Ridge Rd, Athens, TX 75751

$695,000

8,400 SF

View details

Mixed-Use Property with Warehouse

7491 State Highway 19 S S, Athens, TX 75751

$575,000

10,500 SF

View details

Mixed-Use Property with Warehouse Space

7491 ST HWY 19, Athens, TX 75751

$575,000

13,700 SF

View details

Flex Space with Roll-Up Doors

FM 2495, Athens, TX 75752

$140,000

9,999 SF

View details

Automotive Shop with Garage Bays

807 W Corsicana St, Athens, TX 75751

$250,000

2,880 SF

View details

Retail-Zoned Flex Building

406 Lindsey Ln, Athens, TX 75752

$259,000

2,710 SF

View details

Church/Flex/Industrial Building and Land

6467 FM2494, Athens, TX 75751

Contact for pricing

44,300 SF

View details

Two-Building Office Property

110-112 E Corsicana St, Athens, TX 75751

$625,000

6,301 SF

View details

Retail Building on Major Highway

414 E Tyler St, Athens, TX 75751

$1,500,000

5,750 SF

View details

Retail Building with Drive-Through

220 S Palestine Street, Athens, TX 75751

$999,000

0.71 Acres

View details

Established Retail Location in Athens

407 E Tyler Street, Athens, TX 75751

$389,000

6,720 SF

View details

Eight-Unit Office Building

201 US Highway 175 Street W W, Athens, TX 75751

$399,500

7,000 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Property includes office space, warehouse space, and climate-controlled storage in a county location within the Athens ETJ.

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: 16.78‑acre flex property with 6,116 square feet of improvements; Office space, warehouse space, and climate‑controlled storage on site; 12 individual climate‑controlled storage units