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    321 E Spring St Palestine, TX 75801

    For Lease
    $2,246 /Mo ($0.48 SF/Yr)

    Office - Palestine, TX

    Type:Office
    Lot size:
    1.28 Acres
    Days on Market:
    188
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 321 E Spring St

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    64558
    Parking features
    Off Street, Parking Lot
    Lot size
    1.28 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1987
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Drake Real Estate & Investment (903) 581-3737

    Listing agent Matthew Marshall (903) 581-3737 License #0544812

    Listing date Jun 5, 2025

    MLS# 20361162 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space in Palestine Town

    This 2,450 square-foot office space is available for lease at $11 per square foot per year, plus NNN fees. The space offers the ability to be subdivided. It is located in the Palestine Town Center next to Kroger. The layout includes 7 offices, a conference room, 2 restrooms, a break room, a storage room, a dedicated waiting area, and a reception area. The property benefits from ample parking and is easily accessible. Surrounding tenants include USA Donuts, Palestine Finance, Western Shamrock, Smoke Kulture, Wendy Nails & Spa, Preferred Choice Income Tax, Gold Star Finance, Freeway Insurance, Livingston Hearing Aids, and China Massage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Army Recruiting Military Recruiting Office USA Donuts Donut Shop China massage Massage Spa Milligan Edward J ... Otolaryngologist Guardian Angel Home ... Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.628242
    Latitude
    31.762452

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      Retail and Office Space Available

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      330 E Spring St, Palestine, TX 75801
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    FAQs

    What type of property is this?
    Office space - 2,450 SF office space available for lease near Kroger.
    Where is this office space located?
    The property is located at 321 E Spring St Palestine, TX.
    What is the lease rate?
    The lease rate is $0.48 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Located next to Kroger in the Palestine Town Center.; - Flexible Space: 2,450 sf of office space with the ability to subdivide.; - Functional Layout: Includes 7 offices, conference room, 2 restrooms, break room, storage room, dedicated waiting area and reception area.
    (903) 581-3737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 E Spring St Palestine, TX 75801
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