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    Willow Creek Pkwy Palestine, TX 75801

    For Sale
    Contact for pricing

    Prime Industrial Land in Palestine, TX Medical District.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.5-acre parcel of land, zoned I-1 (Industrial), is ideally situated on Willow Creek Parkway in Palestine, Texas, zip code 75801. Located within Palestine's thriving Medical District, this property offers unparalleled convenience and synergy with existing medical facilities. The site enjoys easy access to Loop 256, providing excellent connectivity to the wider region. Nearby amenities include the Palestine Regional Medical Center, Walmart Supercenter, Lowe's Home Improvement, numerous shopping centers, banks, and various local businesses. This location offers a strategic advantage for businesses seeking a presence in a growing area with established infrastructure and a strong local economy. The property's I-1 zoning allows for a variety of industrial and office uses, making it suitable for a wide range of development projects. Note that an adjacent 9.5-acre parcel is also available for purchase, presenting an opportunity to acquire a combined total of approximately 11 acres. This property is situated in an Opportunity Zone, potentially offering significant tax advantages. Contact us for pricing information.

    Property Features for 0 Willow Creek Pkwy

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 11‑acre tract available for purchase.
    • Located in Palestine's medical district.
    • Willow Creek Medical Plaza offers excellent synergy with other medical tenants and convenient Loop 256 access.
    • I‑1 (Industrial) zoning.
    • Nearby amenities include Palestine Regional Medical Center, Walmart, Lowe's, shopping centers, banks, and other businesses.
    • Located in an Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.63716
    Latitude
    31.7348999

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land in Palestine, TX Medical District.
    Where is this land located?
    The property is located at Willow Creek Pkwy Palestine, TX.
    What are key features of this property?
    This property features: 11-acre tract available for purchase.; Located in Palestine's medical district.; Willow Creek Medical Plaza offers excellent synergy with other medical tenants and convenient Loop 256 access.
    Request Owner's contact information
    Willow Creek Pkwy 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
    Willow Creek Pkwy Palestine, TX 75801
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