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    6003 256 Loop Palestine, TX 75801

    For Sale
    $285,000

    High-traffic corner lot, ideal for business

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2-acre commercial property in Palestine, Texas, presents a remarkable opportunity for entrepreneurs and investors alike. Boasting an impressive 255 feet of frontage on Loop 256, this nearly fully fenced corner lot enjoys exceptional visibility and accessibility. The property's strategic location within a rapidly developing area of Palestine ensures high traffic volume, with an estimated 12,000 vehicles passing daily, providing unparalleled exposure for any business. This translates to significant potential for customer reach and brand awareness. The expansive lot offers ample space for a variety of commercial ventures, accommodating businesses of virtually any size. The absence of existing structures on the property allows for complete design flexibility, enabling the construction of a building perfectly tailored to specific business needs. This prime location, coupled with its high visibility and substantial traffic flow, makes this property an exceptional investment opportunity with significant long-term growth potential. The ease of access to Loop 256 further enhances its appeal, ensuring convenient access for customers and employees. Don't miss this chance to secure a prominent location in a thriving area of Palestine.

    Property Features for 6003 256 Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6079
    Latitude
    31.76829

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, ideal for business
    Where is this commercial real estate located?
    The property is located at 6003 256 Loop Palestine, TX.
    What is the asking price?
    The asking price for this property is $285,000.
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    6003 256 Loop 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
    6003 256 Loop Palestine, TX 75801
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