Current Use by Public Records
- Land
Property Details for 7 & Ml Run Rd
- Lot size
- 25.00 lot acres
- Property type
- Land
Description
This exceptional investment opportunity presents 25 acres of commercial land in Athens, Texas, strategically located at Hwy. 7 & Mill Run Rd., in Henderson County, zip code 75751. Priced at $725,000, this equates to $29,000 per acre. The property is part of a larger portfolio of excess land owned by Ardent Health Services, offering multiple value-add opportunities for investors. This particular 25-acre parcel enjoys a prime location adjacent to UT Health, capitalizing on the strong presence of the healthcare sector in the area. The site's proximity to UT Health positions it ideally for development projects catering to the healthcare industry or related businesses. The existing buildings on the property present additional potential for redevelopment or repurposing, adding further value to this already attractive investment. This is a unique chance to acquire land in a thriving healthcare market, offering significant potential for future growth and return on investment. The property's size and location make it suitable for a variety of commercial developments, providing flexibility for investors to tailor their projects to the specific needs of the market. Detailed information regarding the existing buildings is available upon request. This is a rare opportunity to secure a substantial land holding in a high-growth area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Henderson
- State
- Texas
- Longitude
- -95.8521
- Latitude
- 32.1686
