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    6467 Fm 2494 Athens, TX 75751

    For Sale
    $3,950,000

    44,300 SF Flex Building, 5 Acres, Excellent Location

    Property size:
    44,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Exceptional investment opportunity: a 44,300 square foot, two-story flex building situated on a 5.23-acre lot in Athens, Texas. This vacant property, classified as Class B, presents a unique chance for owner-users seeking a versatile space. Built in the 1980s or 1990s, the building is zoned for use outside city limits, offering flexibility for various commercial applications, including its previous use as a church and flex space. The property's strategic location in Athens, Texas, provides convenient access to major transportation routes. Athens is situated on US Hwy 31, State Hwy 19, and Hwy 175, offering easy connections to Tyler (36 miles west), Palestine (34 miles north), Dallas (68 miles southeast), and I-20 (24 miles south). This prime location provides access to the broader East Texas region and is approximately an hour's drive from the fifth-largest metroplex in the U.S. The nearest commercial airport is located in Tyler, Smith County, Texas. The asking price for this substantial property is $3,950,000. This represents a significant opportunity for investors seeking a substantial property with high potential for return. The property's size and versatility make it ideal for a range of commercial uses.

    Property Features for 6467 Fm 2494

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    44,300 SF
    Class
    B
    Lot Size
    227,819 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    2

    HighLights

    • $3,950,000 asking price for a vacant, mixed‑use property.
    • 44,300 square foot building on a 5.23‑acre lot in Athens, TX.
    • Two‑story, Class B building constructed in the 1980s/1990s.
    • Located outside city limits, zoned for flex and religious/church uses.
    • Suitable for owner‑user or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dogwood Church Church

    Suggested Use

    Building Supply Auto Parts Store Kitchen & Bath Electrical Service Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Henderson
    State
    Texas
    Longitude
    -95.89706
    Latitude
    32.1646787

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    FAQs

    What type of property is this?
    Church & religious facility - 44,300 SF Flex Building, 5 Acres, Excellent Location
    Where is this church & religious facility located?
    The property is located at 6467 Fm 2494 Athens, TX.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price for a vacant, mixed-use property.; 44,300 square foot building on a 5.23-acre lot in Athens, TX.; Two-story, Class B building constructed in the 1980s/1990s.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6467 Fm 2494 Athens, TX 75751
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