For Sale
Contact for pricing
4161 Country Road 3911, Athens, TX 75752
Industrial properties
Property Size82,500 SF
Price / SF$59.39
Days on Market1299
Property Features for 4161 Country Road 3911
General Information
Standard status
Active
Size
82,500 SF
Class
B
Property subtype
Industrial
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
NAI Robert Lynn
Listed By:
Robert Render · License #TX 748915
(214) 256-7154
Source:
Crexi
Added: Apr 3, 2023
Changed: Oct 10
Last Checked: Oct 20 at 9:18PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Industrial building
- Outside of Athens city limits
- Great property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$428,357
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,567,140
$8.6M
Cap Rate 7%
$6,119,386
$6.1M
Cap Rate 9%
$4,759,522
$4.8M
Market Conditions
NOI Build-Up for 82,500 SF
Gross rent
$673.2K $8.16/SF
− Vacancy
−$61.3K −$0.74/SF
EGI
$611.9K $7.42/SF
− OpEx
−$183.6K −$2.23/SF
NOI
$428.4K $5.19/SF
Area
Henderson County, TX
Vacancy
9.10%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,567,140
Cap Rate 7%
$6,119,386
Cap Rate 9%
$4,759,522
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 75752, TX
7,439
Population
3,217
Households
2.3
Avg Household Size
47
Median Age
20%
College-Educated
85%
High-School Grad
150.7 sq mi
ZIP Area
49
Density / Sq Mi
$58,185
Median Household Income
$34,554
Median Earnings
$1,023
Median Rent
$197,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
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
