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    OFF-MARKET
    Commercial real estate

    Tbd Hwy 31, Athens, TX 75751

    Property ID
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial property is located on Hwy 31 E in Athens, Texas, offering unparalleled visibility and high traffic counts. Currently zoned for Planned Development, this versatile parcel boasts a daily traffic count of 7,369 vehicles, according to TxDOT data, ensuring significant exposure for any business. The land is wooded, presenting a unique opportunity for development tailored to the buyer's specific needs. Its prime location along a major thoroughfare makes it ideal for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. The high traffic volume guarantees substantial foot traffic and brand visibility, making this an attractive investment for entrepreneurs seeking a strategic location with strong growth potential. The existing Planned Development zoning simplifies the permitting process, potentially reducing development timelines and costs. This property represents a rare opportunity to acquire a highly visible and versatile commercial lot in a thriving Texas community. Further details are available in the accompanying information brochure accessible via the virtual tour. The asking price is $129,000.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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