Versatile Automotive Retail
807 W Corsicana Street Athens, TX 75751
807 W Corsicana Street, Athens, TX, 75751
$285,000
For Sale
$285,000
Tire shop property with reception, private rooms, and storage with garage bay doors on a nearly quarter-acre lot.
Property Size2,880 SF
Lot Size0.25 Acres
Price / SF$98.96
Days on Market88
Property Features for 807 W Corsicana Street
General Information
- Standard status
- Active
- Size
- 2,880 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing agency
Ultima Real Estate
(972) 980-9393
Listed by
Sylvia Briette · License #0532572
Source
Signaturere
Added: Apr 25 Updated: Jul 20 at 11:58PM Checked: Jul 20 at 11:58PM
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 Ultima Real Estate
Investment Insights
Based on property information with market context.
This versatile commercial building is currently operating as a tire shop and offers a flexible layout for a variety of uses. The interior includes a reception area, a full bathroom, and several private rooms that can be configured to fit different needs. Storage is available with garage bay doors, providing direct utility for automotive or similar operations. Cameras convey with the property.
The property is positioned for visibility and is located across the street from a gas station near other busy businesses. The site sits on nearly a quarter-acre lot.
Owner financing is available. The property is identified as having flexible zoning that supports a wide range of uses, including office, automotive, industrial, or retail.
The property is positioned for visibility and is located across the street from a gas station near other busy businesses. The site sits on nearly a quarter-acre lot.
Owner financing is available. The property is identified as having flexible zoning that supports a wide range of uses, including office, automotive, industrial, or retail.
Key Highlights
- High‑visibility commercial property currently operating as a tire shop
- Nearly quarter‑acre lot with a flexible layout including reception area and full bathroom
- Storage area includes garage bay doors, plus several private rooms for customizable use
Local Financial Insights For Industrial
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 | $23.5k | $8.16 |
| − Vacancy | −$2.1k | −$0.74 |
| EGI | $21.4k | $7.42 |
| − OpEx | −$6.4k | −$2.23 |
| NOI | $15.0k | $5.19 |
2,880 SF · lease $8.16/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$564.5K
$493.9K – $658.5K
NOI $39,512 @ 7.0% cap · market cap 13.86%
Second Best
Industrial
$213.6K
$186.9K – $249.2K
NOI $14,954 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,917 @ 7.0% cap · market cap 24.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Peak Rubber Company
Factory
Similar For Sale Nearby
Similar Off Market Nearby
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- Grease Monkey — 406 S Palestine St, Athens, TX 75751
- Sk8rPlatinum LLC — 210 Cherry Ln, Athens, TX 75751
FAQs
What type of property is this?
Auto shop - Tire shop property with reception, private rooms, and storage with garage bay doors on a nearly quarter-acre lot.
Where is this auto shop located?
The property is located at 807 W Corsicana Street Athens, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: High‑visibility commercial property currently operating as a tire shop; Nearly quarter‑acre lot with a flexible layout including reception area and full bathroom; Storage area includes garage bay doors, plus several private rooms for customizable use
