Flex Property With Storage
For Sale
$995,000
6275 FM 59, Athens, TX 75751
COMMERCIAL - Athens, TX
Property Size6,116 SF
Lot Size16.78 Acres
Price / SF$162.69
Days on Market91
Property Features for 6275 FM 59
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Henderson
Standard status
Active
APN
0477.0310.0000.20
Size
6,116 SF
Lot size
16.78 Acres
Taxes and HOA fees
Tax Description
Call office
Legal Description
Call office
Building Details
Year built
2007
Listing Agency:
Keller Williams Realty - Athens
(903) 658-8848
Listed By:
Brad Rummel · License #0422393
(903) 681-3347
Added: May 7
Changed: Aug 4
Last Checked: Aug 5 at 9:06PM
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.
Investment Insights
Based on property information with market context.
This flex property contains 6,116 square feet of improvements completed in 2007. The configuration includes office space, warehouse space, and climate-controlled storage with 12 individual units, creating a mix of operational and storage functions within one commercial asset.
The property encompasses 16.78 acres with frontage on Farm to Market 59 and Loop 7. It is located in the county within the Athens ETJ and is described as having no city taxes. The site’s road exposure and combination of improvements provide a broad physical platform for existing business, storage, and future expansion uses, subject to verification of utilities, restrictions, and intended use.
The property encompasses 16.78 acres with frontage on Farm to Market 59 and Loop 7. It is located in the county within the Athens ETJ and is described as having no city taxes. The site’s road exposure and combination of improvements provide a broad physical platform for existing business, storage, and future expansion uses, subject to verification of utilities, restrictions, and intended use.
Key Highlights
- 6,116‑square‑foot flex property built in 2007
- 16.78‑acre site with frontage on Farm to Market 59 and Loop 7
- Office, warehouse, and climate‑controlled storage improvements
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
Lease Details
Yes
Highway access
Yes
Paved road access
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Multipurpose commercial improvements combine office, warehouse, and climate-controlled storage uses within an expansive county setting.
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: 6,116‑square‑foot flex property built in 2007; 16.78‑acre site with frontage on Farm to Market 59 and Loop 7; Office, warehouse, and climate‑controlled storage improvements
