Property profile

0 Palestine St Athens, TX 75752

OFF-MARKET
Retail properties & Spaces
338,985 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at the southwest corner of Loop 7 and S. Palestine Street in Athens, Texas, presents a unique investment opportunity. The property encompasses 7.81 acres of land and features a total of 338,985 square feet of retail space, currently offering six available units ranging from 2,443 to 4,673 contiguous square feet. A significant 19,466 square feet is currently vacant, providing immediate potential for expansion or lease. The property is zoned for commercial use and boasts ample parking, with a ratio of 9.452 spaces per 1,000 square feet. The minimum divisible space is 2,443 square feet, making it suitable for a variety of retail businesses. Situated in Henderson County, with a 75752 zip code, this location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high traffic exposure. The property is being offered for sale and presents a compelling opportunity for investors and retailers alike. This is a multi-tenant property with significant potential for growth and revenue generation. The property's size and location make it a highly desirable asset in the thriving Athens market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 338,985 SF

Cap rate & NOI

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

Location

Palestine St Athens, TX 75752
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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