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    7469 S Us Highway 79 Palestine, TX 75801

    Picture of Restaurants at S Us Highway 79 7469, Palestine, TX
    For Sale
    $550,000

    Commercial Sale - PALESTINE, TX

    Property size:
    3,282 SF
    Lot size:
    1.71 Acres
    Days on Market:
    265
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 7469 S Us Highway 79

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Highway Commercial
    APN
    R0041970
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    3,282 SF
    Lot size
    1.71 Acres

    Utilities

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

    Building Details

    Year built
    1992
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Staples Commercial Group LLC.

    Listing agent Dana Staples (903) 266-2900

    Listing date Mar 20, 2025

    MLS# 100833 Listing URL

    Copyright © 2025 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

    Restaurant on Highway 79

    This 3,282 sq. ft. restaurant is located on busy Hwy 79 just south of Palestine, TX. Formerly Lafitte's Cajun Caf, it offers possibilities such as live music, pool tables, a vibrant bar, and multiple seating areas. Key features include two walk-in freezers and an office. Ample parking is available. The property is being sold as-is, with the buyer responsible for any necessary repairs or updates. It is situated on a 1.71-acre lot. The zoning is Highway Commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Wholesale Shop Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.552734
    Latitude
    31.823215

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    FAQs

    What type of property is this?
    Restaurant - 3,282 SF restaurant on 1.71 acres for sale.
    Where is this restaurant located?
    The property is located at 7469 S Us Highway 79 Palestine, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High-visibility location on busy Hwy 79; - Large 3,282 sq. ft. space offering endless possibilities; - Equipped with two walk-in freezers
    (903) 266-2900
    Request Owner's contact information
    7469 S Us Highway 79 Palestine, TX 75801
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    Palestine, TX 75801
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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
    7469 S Us Highway 79 Palestine, TX 75801
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