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    6003 Tx-256 Loop Palestine, TX 75801

    For Sale
    $285,000

    2-Acre Corner Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Palestine, Texas. Located at 6003 TX-256 Loop, this property boasts an enviable corner location with approximately 255 feet of frontage on the heavily trafficked Loop 256, experiencing an estimated 12,000 vehicles daily. The HC (Highway Commercial) zoning allows for a wide range of business ventures. The land is mostly fenced, offering excellent security and defining boundaries. Currently, there are no remaining structures on the site, providing a blank canvas for development tailored to your specific needs. This property is ideal for businesses seeking high visibility and convenient access to a major thoroughfare. The asking price is $285,000, translating to $142,500 per acre, reflecting the strategic value of this location within a growing area of Palestine. The Anderson County location, with a 75801 zip code, ensures easy access to local amenities and a strong regional market. The property's APN is 35059. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Don't miss out on this chance to establish your business in a high-traffic, highly visible location.

    Property Features for 6003 Tx-256 Loop

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $285,000 asking price for this commercial land parcel.
    • 2‑acre lot zoned HC (Highway Commercial).
    • $142,500 per acre land value.
    • Located at 6003 TX‑256 Loop, Palestine, TX 75801 (APN 35059).
    • Features approximately 255 feet of frontage on Loop 256, offering excellent visibility and accessibility.
    • No existing structures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6079018
    Latitude
    31.7682476

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    FAQs

    What type of property is this?
    Land - 2-Acre Corner Lot, High Traffic
    Where is this land located?
    The property is located at 6003 Tx-256 Loop Palestine, TX.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: $285,000 asking price for this commercial land parcel.; 2-acre lot zoned HC (Highway Commercial).; $142,500 per acre land value.
    Request Owner's contact information
    6003 Tx-256 Loop Palestine, TX 75801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6003 Tx-256 Loop Palestine, TX 75801
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