Search
Medical Office Space with Exam Rooms
For Sale
$359,000

123 Medical Dr Suite A, Palestine, TX 75801

Commercial Sale, Palestine, TX

Property Size3,372 SF
Lot Size0.97 Acres
Price / SF$106.47
Days on Market458

Property Features for 123 Medical Dr Suite A

General Information

Property type Commercial Sale
Property subtype Other
Security features Security System
Lot features Inside City Limits
Directions From Loop 256, turn onto FM 322 (S.Sycamore) outer loop, pass the hospital and Medical Drive is on your right, building is on RIGHT.
Standard status Active
Lot size 0.97 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description TRINITY VALLEY MEDICAL PARK BLOCK 1 LOT 2
Tax Annual Amount 7394
Legal Description TRINITY VALLEY MEDICAL PARK BLOCK 1 LOT 2

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Zoned, Electric, Central Air
Water source Public

Amenities

covered patient drop-off area
monument signage
shared foyer and waiting room

Building Details

Year built 1991
Building materials Brick
Listing Agency: Landmark Realty
Listed By: Christie Scroggins · License #0480898
Added: May 23, 2025 Changed: Aug 21 Last Checked: Aug 23 at 4:06PM
MLS# 25007856

Copyright © 2026 Greater Tyler 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.

Investment Insights

Based on property information with market context.

This medical office offering represents a 35.3% interest in a 3,372-square-foot professional practice environment. The buildout includes 16 rooms, with four exam rooms equipped with medical wash sinks and cabinetry, a large therapy room, a physician’s office with a private full bath, reception, storage and lab areas, plus access to a shared foyer and waiting room. A covered patient drop-off area and private rear entrance support daily operations.

The property is located directly behind a hospital in Palestine, Texas, with monument signage and 44 total parking spaces, including one designated space near the rear entrance. The 1991 brick building has central heating, central air conditioning with electric and zoned cooling, public water, and public sewer.

Key Highlights

  • 35.3% interest in a 3,372‑square‑foot medical office space
  • 16 built‑out rooms, including 4 exam rooms with medical wash sinks and cabinetry
  • Large therapy room and physician’s office with private full bath

Property Analytics

Current Use

Robert J Falconer, ... Physician Cecil D Morgan ... Physician Morgan Christopher DPM Physician Rachel Coker Physician Karen Lowe Physician

Suggested Use

Top Pick Building Supply Electrical Service Garden Center Plumbing Service Locksmith Carpet & Flooring Store

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

Lease Details

1
Office units
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
Well-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Southwest Hills Veterinary 711 Gillespie Rd, Palestine, TX 75801

Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in-ready layout includes exam rooms, therapy space, reception, and support areas for medical or wellness practices.
Where is this medical office space located?
The property is located at 123 Medical Dr Suite A Palestine, TX.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 35.3% interest in a 3,372‑square‑foot medical office space; 16 built‑out rooms, including 4 exam rooms with medical wash sinks and cabinetry; Large therapy room and physician’s office with private full bath
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message