0 Palestine St Athens, TX 75752
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.