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    810 Pt West, Unit Tap Palestine, TX 75803

    For Sale
    $285,000

    Commercial Sale - PALESTINE, TX

    Property size:
    2,850 SF
    Lot size:
    0.55 Acres
    Days on Market:
    327
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 810 Pt West

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R0028373
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    2,850 SF
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    Landmark Realty (903) 729-4000 [email protected]

    Listing agent Maricela Rangel (903) 729-4000

    Listing date Jan 17, 2025

    MLS# 95375 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

    Commercial Investment Property For Sale

    This commercial investment property offers a fantastic opportunity to expand a real estate portfolio. The property includes a 1500-square-foot operational laundromat, a 900-square-foot space leased to a beauty salon, and a 450-square-foot space currently leased to a resale shop. The property is located in a residential neighborhood and is already generating income from its leased tenants. With a total living area of 2850 square feet and situated on a 0.5508-acre lot, this established business presents a chance for an entrepreneur to grow the business.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.679709
    Latitude
    31.733908

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    FAQs

    What type of property is this?
    Retail space - Commercial property with laundromat and leased spaces in residential neighborhood.
    Where is this retail space located?
    The property is located at 810 Pt West, Unit Tap Palestine, TX.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Income-generating commercial property with existing tenants.; - Features an operational 1500sqft laundromat.; - 900sqft space leased to a beauty salon.
    (903) 729-4000
    Request Owner's contact information
    810 Pt West, Unit Tap Palestine, TX 75803
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    Palestine, TX 75803
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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
    810 Pt West, Unit Tap Palestine, TX 75803
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