Property profile

State Highway 31 Athens, TX 75751

OFF-MARKET
Commercial real estate
2.03 ac lot
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Property summary

AI-generated overview

This exceptional 2.03-acre property located at TBD E State Highway 31 in Athens, Texas presents a compelling investment opportunity. Boasting a highly desirable location with exceptional visibility, this parcel benefits from a daily traffic count of 7,369 vehicles, according to the Texas Department of Transportation (TxDOT). Currently zoned for Planned Development, the possibilities are numerous and diverse. The land itself is wooded, offering a natural aesthetic that could be incorporated into a variety of development plans. The asking price is $129,000. Given the high traffic volume and flexible zoning, this property is ideally suited for businesses seeking maximum exposure and accessibility. Its strategic location along State Highway 31 ensures significant visibility to a large daily commuter base. Prospective buyers are encouraged to explore the potential for retail, commercial, or other development projects that would thrive in this high-traffic area. The property's size and zoning provide ample flexibility for a range of development scenarios. Serious inquiries are welcome. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a growing Texas market.

Property profile

Verified
Property type Commercial real estate
Lot 2.03 ac (88,427 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

State Highway 31 Athens, TX 75751
Athens metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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