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    S Royall St Palestine, TX 75801

    For Sale
    $45,000

    Commercial Sale - PALESTINE, TX

    Property size:
    14,680 SF
    Lot size:
    0.34 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for S Royall St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    HC - Highway Commercial
    APN
    R841355
    Parking features
    Parking Lot
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    14,680 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Roof type
    Other
    Architectural style
    Other

    Century 21 Gold Award Realty (903) 391-7434 [email protected]

    Listing agent Cynthia Castleberry (903) 391-7434

    Listing date Aug 11, 2025

    MLS# 97221 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 Lot Near Loop 256

    This commercial lot is available for building a business. Located approximately 0.13 miles from Loop 256 on the southwest side of Palestine, it is situated in the highest density commercial area of Palestine. The traffic count at the intersection of S. Royall and Loop 256 exceeds 14,000 cars per day. The lot is level and ready for construction. City water, sewer, and electricity are available. The location is close to a hospital, retail establishments, and restaurants, making it an ideal location for an office building. The lot size is 0.337 acres, equivalent to 14680 square feet. The zoning is HC - Highway Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.629424
    Latitude
    31.75993

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near Loop 256, ready for development.
    Where is this commercial land located?
    The property is located at S Royall St Palestine, TX.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - High-density commercial area in Palestine.; - Proximity to Loop 256 (0.13 miles).; - **High traffic count (over 14,000 cars per day).**
    (903) 391-7434
    Request Owner's contact information
    S Royall St 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
    S Royall St Palestine, TX 75801
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