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    412 S Us St Hwy 287 Elkhart, TX 75839

    Sponsored
    For Sale
    $265,000

    Commercial Sale - ELKHART, TX

    Property size:
    1,802 SF
    Lot size:
    0.24 Acres
    Days on Market:
    169
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 412 S Us St Hwy 287

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R13684
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    1,802 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric, Multi Units, Window Unit(s)

    Building Details

    Building materials
    Frame, Vinyl Siding
    Roof type
    Composition
    Architectural style
    Other

    Pineywoods Real Estate (903) 391-0736 [email protected]

    Listing agent Irene Hamlin (903) 480-0760

    Listing date Jul 24, 2025

    MLS# 101374 Listing URL

    Copyright © 2026 Palestine Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property on Highway 287

    This commercial property, located on a busy section of South Highway 287, presents a turnkey restaurant opportunity. The property offers high traffic visibility, making it suitable for retail, restaurant, or office space. It features a new roof, ample parking, and significant road frontage for visibility and signage. The building has a spacious layout with a flexible interior that can be easily configured. The property is situated in a fast-growing corridor and offers accessibility. The lot size is 0.242 acres and the property size is 1802 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Elkhart
    County
    Anderson
    State
    Texas
    Longitude
    -95.528
    Latitude
    31.6239

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity with high visibility on Highway 287.
    Where is this restaurant located?
    The property is located at 412 S Us St Hwy 287 Elkhart, TX.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Prime commercial property on busy S. Hwy 287 with high traffic visibility.; - **Turnkey restaurant opportunity with a spacious, flexible interior.**; - Ideal for retail, restaurant, or office space.
    (254) 721-1393
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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
    412 S Us St Hwy 287 Elkhart, TX 75839
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