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Retail-Commercial Development Land
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103 Wesley Drive, Palestine, TX 75801

Retail-commercial zoning supports a range of commercial development possibilities, with an existing home on the site.

Property Size2,049 SF
Price / SF$634.46
Days on Market12

Property Features for 103 Wesley Drive

General Information

Standard status Active
Size 2,049 SF
Property subtype Retail, Land, Special Purpose
Zoning Retail commercial
Lease Type Gross
Listing Agency: Scarborough Commercial Real Estate
Listed By: Samuel Scarborough, CCIM · License #TX 687976
Source: Crexi
Added: Aug 1 Changed: Aug 12 Last Checked: Aug 12 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scarborough Commercial Real Estate

Investment Insights

Based on property information with market context.

This 1.55-acre commercial land parcel carries retail-commercial zoning and includes an existing 2,094-square-foot home. The property is identified for potential redevelopment, providing an existing improvement alongside the larger land component.

The site is in Palestine, Texas, near Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s. Utilities are accessible, and the property has exposure to traffic serving the surrounding retail area.

Key Highlights

  • 1.55 acres of retail‑commercial land
  • Retail‑commercial zoning
  • Existing 2,094‑square‑foot home on the property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Locksmith Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Retail-commercial zoning supports a range of commercial development possibilities, with an existing home on the site.
Where is this commercial land located?
The property is located at 103 Wesley Drive Palestine, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1.55 acres of retail‑commercial land; Retail‑commercial zoning; Existing 2,094‑square‑foot home on the property
(903) 570-7366 Call to check price and availability
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