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    1516 S Sycamore St Palestine, TX 75801

    For Sale
    $500,000

    Two warehouse buildings on 2.23 acres with railroad access.

    Property size:
    12,000 SF
    Lot size:
    2.23 Acres

    Property Features for 1516 S Sycamore St

    General Information

    Size
    12,000 SF
    Lot size
    2.23 Acres

    Source: Robert Means Agent Robert Means

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warehouse Buildings with Railroad Access

    This commercial property features two 6,000-square-foot warehouse buildings, totaling 12,000 square feet, situated on approximately 2.23 acres. The property includes railroad access, making it suitable for logistics, storage, or manufacturing operations. Located in Palestine, TX, this property presents an opportunity for investors or businesses seeking a functional space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Copper Safe Storage, South Loop Storage, The Storage Place, Texas Spacemaker Storage

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6270889
    Latitude
    31.7448165

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    FAQs

    What type of property is this?
    Warehouse - Two warehouse buildings on 2.23 acres with railroad access.
    Where is this warehouse located?
    The property is located at 1516 S Sycamore St Palestine, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Railroad access available; - Two 6,000 SF warehouse buildings on site; - 2.23± acre property size suitable for logistics, storage, or manufacturing
    (903) 594-8880
    Request Owner's contact information
    1516 S Sycamore St 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
    1516 S Sycamore St Palestine, TX 75801
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