900 S Palestine Street, Athens, TX 75751
Commercial property with high visibility, suitable for professional office.
- Added:
- Apr 22, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 22 at 5:40 pm
Property Features for 900 S Palestine Street
General Information
- Standard status
- Active
- Size
- 3,031 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1953
Listing agent Dana Staples
Listing office Staples Commercial Group, LLC
Listing date Apr 22, 2026
Source Signaturere
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 Staples Commercial Group, LLC
HighLights
- High‑visibility corner lot location, just south of downtown Athens.
- 3000+ square foot building suitable for commercial use.
- Conversion from residential to commercial property.
- Ideal for a professional office.
- Heavily traveled location.
- Adjoining vacant commercial lot available for sale, offering development potential.
Overview
Local Financial Insights For Office B
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 | $93.1k | $30.72 |
| − Vacancy | −$25.5k | −$8.42 |
| EGI | $67.6k | $22.30 |
| − OpEx | −$16.9k | −$5.58 |
| NOI | $50.7k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Henderson
- State
- Texas
- Longitude
- -95.853779
- Latitude
- 32.215241
