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Automotive Supply Property
For Sale
$515,000

601 W Lacy Street, Palestine, TX 75801

CommercialSale, Palestine, TX

Property Size4,800 SF
Lot Size0.46 Acres
Price / SF$107.29
Days on Market69

Property Features for 601 W Lacy Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description commercial
Parking features Off Street, Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Debard
Lot features Corner Lot, Few Trees, Sloped
Directions From Loop 256 and TX-155, south on TX-155 to Palestine Ave. Turn Right to Tennessee St, then Left on Tennessee to LacySt. Property is on the NW corner of W Lacy and Tennessee St.
Standard status Active
APN R28887
Lot size 0.46 Acres

Taxes and HOA fees

Tax Description DEBARD BLOCK A LOT 11A, 11B & 12
Tax Annual Amount 4247
Legal Description DEBARD BLOCK A LOT 11A, 11B & 12

Utilities

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

Building Details

Year built 1985
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick, MetalSiding
Roof type Metal
Listing Agency: Staples Commercial Group, LLC
Listed By: Dana Staples · License #0546841
Added: Jun 23 Changed: Aug 21 Last Checked: Aug 30 at 12:06PM
MLS# 21231443

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.

Investment Insights

Based on property information with market context.

This automotive commercial property includes a 4,800-square-foot building, the operating auto supply business, existing inventory, and an adjoining lot. The business has operated continuously since 1952, while the building was constructed in 1985. Brick and metal siding, a metal roof, concrete flooring, central air, and electric heating support the existing facility. The property also includes an off-street parking lot and an accessible approach with ramp.

The site encompasses 0.462 acres at 601 W Lacy Street in Palestine, positioned at the corner of Lacy Street and Tennessee Street. Public water and public sewer serve the property. The additional lot provides space for storage, expansion, or future redevelopment, as supported by the existing site configuration.

Key Highlights

  • Operating auto supply business with continuous operation since 1952
  • 4,800‑square‑foot commercial building constructed in 1985
  • Adjoining lot included within the 0.462‑acre property

Property Analytics

Current Use

Vance Brothers Auto ... Auto Parts Store Texas First Title ... Title Company FedEx Drop Box Postal Service Fed Ex Postal Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Skin Care Clinic Veterinary 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

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

918
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
Rey
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Frequently Asked Questions

What type of property is this?
Automotive property - Corner commercial property with an operating auto supply business, inventory, and an adjoining lot for expansion or storage.
Where is this automotive property located?
The property is located at 601 W Lacy Street Palestine, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Operating auto supply business with continuous operation since 1952; 4,800‑square‑foot commercial building constructed in 1985; Adjoining lot included within the 0.462‑acre property
More about this property
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