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Property profile & analytics
FOR SALE
Commercial real estate

407 E Tyler St Athens, TX 75751

6,720 SF 0.58 ac lot Built 1977
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US82-6650260
Property summary
AI-generated overview

This exceptional retail property at 407 E Tyler Street in Athens, Texas presents a unique investment opportunity. Boasting a total of 6,720 square feet on a 0.58-acre lot, this well-established building enjoys a highly visible location on E. Tyler Street, conveniently situated between the post office and Bacon Auto Ranch, offering excellent access and exposure to significant foot and vehicle traffic. Currently configured as a floral shop and party store, the space offers considerable flexibility for a variety of retail uses. The building features approximately 5,500 square feet of heated and cooled space, ideal for customer interaction and sales, complemented by a substantial 1,200+ square foot warehouse area perfect for storage and back-of-house operations. The layout includes ample storage, dedicated work areas, and multiple private offices, providing numerous options for customized configurations to suit diverse business needs. The existing fixtures are available for negotiation as part of the sale, offering a seamless transition for a new owner. Priced at $399,000, this property represents a compelling opportunity to acquire a prime retail location in a thriving Texas community. Its central location, generous square footage, and versatile layout make it an ideal investment for both established businesses and entrepreneurs seeking a strong foothold in the Athens market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 6,720 SF
Lot 0.58 ac (25,221 SF)
APN 3340-0009-002C-01
UPID US82-6650260
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
Current use
Occupant on record · Public records
  • Always in Bloom (Bike/Boat/Book/etc) Store Florist
  • KC Party Supply & Always In Bloom Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gregory Hair · 7 yrs held
Gregory Hair
since 2019
2 recorded transactions
2019
Price N/A
2008
$30,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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