Commercial Lot at Busy
For Sale
$495,000
2016 W Oak St., Palestine, TX 75803
LAND - Palestine, TX
Lot Size0.55 Acres
Days on Market194
Property Features for 2016 W Oak St.
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Lot features
Inside City Limits
Directions
Corner of Loop 256 and HWY 79.
Subdivision
Anderson
Standard status
Active
Lot size
0.55 Acres
Listing Agency:
Fathom Realty, LLC
(888) 455-6040
Listed By:
Cindy Burkett · License #0818407
(903) 570-1487
Added: Jan 19
Changed: Jul 23
Last Checked: Aug 1 at 5:06AM
MLS# 26000911
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 is a vacant commercial lot totaling 0.55 acres, positioned for a straightforward ground-up development. The property is offered as land only, with the opportunity to create a new commercial business site based on your specific concept and site plan.
The lot is located in Palestine, Texas at a heavy-traffic intersection of Loop 256 and Hwy 79. The listing notes that commercial businesses are nearby and immediately adjacent, and that this parcel is the only vacant lot on the intersection.
For buyers seeking a development-ready location, this site can provide the footprint needed to establish a new commercial presence on a busy corner. Being vacant and situated among existing commercial activity may help streamline the planning and positioning of a new use, while the intersection setting supports visibility to passing vehicles. The property is offered for sale at 2016 W Oak St., Palestine, TX 75803, in Anderson County.
The lot is located in Palestine, Texas at a heavy-traffic intersection of Loop 256 and Hwy 79. The listing notes that commercial businesses are nearby and immediately adjacent, and that this parcel is the only vacant lot on the intersection.
For buyers seeking a development-ready location, this site can provide the footprint needed to establish a new commercial presence on a busy corner. Being vacant and situated among existing commercial activity may help streamline the planning and positioning of a new use, while the intersection setting supports visibility to passing vehicles. The property is offered for sale at 2016 W Oak St., Palestine, TX 75803, in Anderson County.
Key Highlights
- High‑traffic intersection location at Loop 256 and Hwy 79.
- Large lot size suitable for commercial development.
- Surrounded by established commercial businesses.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 75803, TX
22,290
Population
7,046
Households
3.2
Avg Household Size
39
Median Age
11%
College-Educated
85%
High-School Grad
325.4 sq mi
ZIP Area
69
Density / Sq Mi
$59,947
Median Household Income
$39,431
Median Earnings
$1,106
Median Rent
$197,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial lot near a major Texas intersection, sized for developing a new business site.
Where is this commercial land located?
The property is located at 2016 W Oak St. Palestine, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High‑traffic intersection location at Loop 256 and Hwy 79.; Large lot size suitable for commercial development.; Surrounded by established commercial businesses.
