1500 Rocky Ridge RdAthens, TX 75751

  • Commercial real estate
  • 10,000 SF
For Sale
$1,001,000 View listing

Property Details for 1500 Rocky Ridge Rd

Year built
1975
Lot size
2.38 AC
Property size (Sq ft)
10,000 SF
Property type
Commercial real estate
APN
0684-0030-0000-01
APU
6840030000001

Description

This exceptional commercial property in Athens, Texas presents a unique investment opportunity. The 10,000 square foot building sits on a spacious 2.38-acre lot and offers a versatile blend of warehouse and office space. A substantial 3,300 square foot finished area, currently configured as a residence, is easily adaptable to office use, featuring a kitchen and break rooms. The warehouse itself includes a central inspection room and upstairs storage, adding to its functionality. The property benefits from a climate-controlled environment thanks to urethane insulation, ensuring optimal conditions year-round. Access is convenient with two grade-level doors. Power is robust, with 480-volt, 3-phase heavy electric service to the warehouse and 208-volt service elsewhere. Exterior improvements include fenced storage and partial gravel paving. The property's light industrial zoning allows for a wide range of commercial uses, making it ideal for a family business or more traditional commercial operations. The asking price has been adjusted and is firm. A completed appraisal is available for review. This property offers significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,520,747
    Hospitality
    $2,308,991
    Educational
    $1,921,053
    Medical
    $1,987,121
    Retail
    $2,988,305
1500 Rocky Ridge Rd, Athens, Texas

Location Insight

City
Athens
County
Henderson
State
Texas
Latitude
32.2122
Longitude
-95.8227
CBSA code
11980
CBSA name
ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,914
$51,837
$129,216
$181,053
-
$51,837
$129,216
$181,053

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