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    2215 Tx-256 Loop Palestine, TX

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    For Sale
    Contact for pricing

    Free-standing restaurant with drive-thru near Walmart in Palestine, TX.

    Property size:
    2,590 SF
    Lot size:
    0.70 Acres

    Property Features for 2215 Tx-256 Loop

    General Information

    Size
    2,590 SF
    Lot size
    0.70 Acres

    Source: SHOP Companies - Corporate Agent Thomas Glendenning

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

    Overview

    Restaurant with Drive-Thru Opportunity

    This is a free-standing, second-generation restaurant opportunity with a drive-thru, situated along the main entrance to a Walmart Supercenter in Palestine, Texas. The property is located on Loop 256, a heavily trafficked thoroughfare in Palestine. The surrounding area includes national quick-service restaurant brands such as Starbucks, Panda Express, McDonald’s, and Chick-fil-A. The property has a size of 2590 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.7976667
    Latitude
    31.7404528

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    FAQs

    What type of property is this?
    Drive through restaurant - Free-standing restaurant with drive-thru near Walmart in Palestine, TX.
    Where is this drive through restaurant located?
    The property is located at 2215 Tx-256 Loop Palestine, TX.
    What are key features of this property?
    This property features: - Free-standing 2nd generation restaurant with drive-thru opportunity.; - Located along the main entrance into Walmart Supercenter.; - High-traffic location on Loop 256.
    (214) 960-4528
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    2215 Tx-256 Loop Palestine, TX
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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
    2215 Tx-256 Loop Palestine, TX
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