27+ Acre Commercial
For Sale
$335,000
5210 South US Highway 79, Palestine, TX 75801
Rectangular commercial lot on US-79 suitable for mixed-use development.
Property Size288 SF
Lot Size27.00 Acres
Price / SF$1,163
Days on Market266
Property Features for 5210 South US Highway 79
General Information
Standard status
Active
Size
288 SF
Lot size
27.00 Acres
Property subtype
Land / Rural Acreage
Taxes and HOA fees
Annual Taxes
$917
Listing Agency:
Drake Real Estate & Investments
Listed By:
Jeremy Caruthers · License #0627529
(903) 630-0582
Source:
Compass
Added: Jan 1
Changed: Sep 23
Last Checked: Sep 22 at 8:59PM
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 Drake Real Estate & Investments
Investment Insights
Based on property information with market context.
This commercial lot, spanning over 27 acres, is rectangular and slightly elevated. It is situated on heavily traveled US-79 (84), surrounded by expanding and developing commercial properties. A majority of the property falls within the city limits of Palestine, with a small portion on the northeast end located within a FEMA flood zone. The wooded area is largely elevated, and approximately 20% of the land is cleared and level. A concrete entry leads to the cleared portion, where a small 288 square foot building with electricity is located towards the southwest end. This building can serve as storage or an office during development. Located in the Westwood School District, this property is suitable for a mixed retail, shop, warehouse, residential, and apartment development.
Key Highlights
- 27+ Acre Commercial Lot on Heavily Traveled US‑79 (84)
- Located within Palestine City Limits, ideal for development
- Suitable for Mixed Retail, Shop, Warehouse, Residential, and Apartment Development
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5
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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Frequently Asked Questions
What type of property is this?
Commercial land - Rectangular commercial lot on US-79 suitable for mixed-use development.
Where is this commercial land located?
The property is located at 5210 South US Highway 79 Palestine, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 27+ Acre Commercial Lot on Heavily Traveled US‑79 (84); Located within Palestine City Limits, ideal for development; Suitable for Mixed Retail, Shop, Warehouse, Residential, and Apartment Development
