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Automotive Dealership with Used Car Lot
For Sale
$495,000

412 E Spring Street, Palestine, TX 75801

Fully operational used car lot operation at a busy intersection across from Kroger, with dealership facilities and equipment.

Property SizeContact for details
Days on Market63

Property Features for 412 E Spring Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Traffic Count 16,000 vehicles/day

Building Details

Year Built 1988
Listing Agency: Staples Commercial Group, LLC
Listed By: Ray Ver Hey · License #498681
Source: Signaturere
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 28 at 4:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Staples Commercial Group, LLC

Investment Insights

Based on property information with market context.

This is a fully operating automotive dealership with the facilities, equipment, and staffing in place to run a used car lot. The sale includes the dealership operations and business components as described, with the current vehicles not conveying; however, the seller may consider a consignment arrangement with a qualified buyer to support ongoing sales. Seller profit and loss statements will be shared after an NDA with serious prospective buyers.

The property is located on a busy intersection in Palestine, Texas, directly across the street from the Kroger store. The intersection in front of the property is estimated to see 10,500 to 16,000 vehicles per day, supporting high levels of drive-by exposure for an automotive retail use.

For an owner-operator or business buyer, the practical appeal here is straightforward: a ready-to-run used car lot setup, already functioning as a dealership with employees and defined roles. Prospective buyers should review the attached documents for details on the business structure and equipment included with the sale, and confirm any consignment terms with the seller after NDA review.

Key Highlights

  • Fully operational used car dealership/used car lot (Year Built: 1988) with buildings, equipment, and staff in place
  • Located at a busy intersection in Palestine directly across the street from Kroger
  • Estimated traffic count at the intersection is 10,500–16,000 cars per day

Property Analytics

Current Use

Rutledge Auto Group Car Dealership Rick Hardy Auto ... Car Dealership

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy HVAC Service Storage Facility Skin Care Clinic

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

16,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby
Under-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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • LoneStar Handiman Palestine, TX 75801

Frequently Asked Questions

What type of property is this?
Showroom - Fully operational used car lot operation at a busy intersection across from Kroger, with dealership facilities and equipment.
Where is this showroom located?
The property is located at 412 E Spring Street 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: Fully operational used car dealership/used car lot (Year Built: 1988) with buildings, equipment, and staff in place; Located at a busy intersection in Palestine directly across the street from Kroger; Estimated traffic count at the intersection is 10,500–16,000 cars per day
More about this property
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