4161 Country Road 3911 Athens, TX 75752
4161 Country Road 3911, Athens, TX, 75752
Contact for pricing
For Sale
Contact for pricing
Industrial properties
Property Size82,500 SF
Price / SF$59.39
Days on Market1206
Property Features for 4161 Country Road 3911
General Information
- Standard status
- Active
- Size
- 82,500 SF
- Property subtype
- Industrial
Listing agency
NAI Robert Lynn
(214) 256-7154
Listed by
Robert Render · License #TX 748915
Source
Crexi
Added: Apr 3, 2023 Updated: Jul 6 at 8:28AM Checked: Jul 21 at 1:50PM
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 NAI Robert Lynn
Investment Insights
Based on property information with market context.
Key Highlights
- Industrial building
- Outside of Athens city limits
- Great property
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 | $673.2k | $8.16 |
| − Vacancy | −$61.3k | −$0.74 |
| EGI | $611.9k | $7.42 |
| − OpEx | −$183.6k | −$2.23 |
| NOI | $428.4k | $5.19 |
82,500 SF · lease $8.16/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$6.12M
$5.35M – $7.14M
NOI $428,357 @ 7.0% cap · market cap 8.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$29.02M
$25.39M – $33.86M
NOI $2,031,480 @ 7.0% cap · market cap 41.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
Where is this industrial property located?
The property is located at 4161 Country Road 3911 Athens, TX.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Industrial building; Outside of Athens city limits; Great property
