6467 Fm 2494 Athens, TX 75751
For Sale
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Exceptional investment opportunity: a 44,300 square foot, two-story flex building situated on a 5.23-acre lot in Athens, Texas. This vacant property, classified as Class B, presents a unique chance for owner-users seeking a versatile space. Built in the 1980s or 1990s, the building is zoned for use outside city limits, offering flexibility for various commercial applications, including its previous use as a church and flex space. The property's strategic location in Athens, Texas, provides convenient access to major transportation routes. Athens is situated on US Hwy 31, State Hwy 19, and Hwy 175, offering easy connections to Tyler (36 miles west), Palestine (34 miles north), Dallas (68 miles southeast), and I-20 (24 miles south). This prime location provides access to the broader East Texas region and is approximately an hour's drive from the fifth-largest metroplex in the U.S. The nearest commercial airport is located in Tyler, Smith County, Texas. The asking price for this substantial property is $3,950,000. This represents a significant opportunity for investors seeking a substantial property with high potential for return. The property's size and versatility make it ideal for a range of commercial uses.
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Dogwood Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.