Office Units with On-Site
For Lease
$11 SF/Yr
321 E Spring Street, Palestine, TX 75801
CommercialLease, Palestine, TX
Space SizeContact for details
Lot Size1.28 Acres
Days on Market67
Property Features for 321 E Spring Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
CBD - Commercial Business District
Parking features
Parking Lot, Off Street
Directions
From the intersection of E Spring St and S Sycamore St., head east on E Spring St. In about 0.2 miles, property will be on the left.
Standard status
Active
APN
64558
Lot size
1.28 Acres
Taxes and HOA fees
Tax Description
PALESTINE TOWN CENTER BLOCK 1 LOT 2
Legal Description
PALESTINE TOWN CENTER BLOCK 1 LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1987
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Drake Real Estate
Listed By:
Matthew Marshall · License #75703
(903) 581-3737
Added: Aug 28
Changed: Oct 25
Last Checked: Nov 2 at 5:06PM
MLS# 21372232
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This office property at 321 E Spring Street includes a reception area, two offices, and a bathroom within a compact commercial configuration. The 1987 building has brick construction, a flat roof, and a mix of tile and carpet flooring. Central electric heating and cooling serve the space, with public sewer in place.
The property occupies 1.28 acres in Palestine and includes an on-site parking lot with off-street parking for customers and employees. Multiple ingress and egress points provide access from E. Spring St., where traffic counts are approximately 9,720 VPD. The straightforward layout and existing office improvements provide a functional setting for commercial occupancy.
The property occupies 1.28 acres in Palestine and includes an on-site parking lot with off-street parking for customers and employees. Multiple ingress and egress points provide access from E. Spring St., where traffic counts are approximately 9,720 VPD. The straightforward layout and existing office improvements provide a functional setting for commercial occupancy.
Key Highlights
- Reception area, 2 offices, and bathroom
- 1.28‑acre property in Palestine
- On‑site parking lot with off‑street parking
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
9,720 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Reception area, two private offices, and a bathroom support a compact commercial layout.
Where is this office unit located?
The property is located at 321 E Spring Street Palestine, TX.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Reception area, 2 offices, and bathroom; 1.28‑acre property in Palestine; On‑site parking lot with off‑street parking
