256 Tbd Loop Palestine, TX 75801
This exceptional 7.77-acre commercial land parcel presents a rare opportunity in Palestine, Texas. Strategically located between the Hampton Inn & Suites and a Toyota dealership, with Lowe's directly across the street, this property boasts unparalleled visibility and accessibility. The substantial 338,286 square foot lot offers immense potential for a wide range of commercial developments. Imagine the possibilities: a vibrant retail center, a modern apartment complex, or any other commercial venture you envision. The high-traffic area ensures significant exposure to a large customer base, making this an ideal investment for entrepreneurs and developers seeking a prime location with exceptional growth potential. The property's size and location provide ample space for expansive projects, allowing for creative design and efficient layout. This is a blank canvas ready for your vision, offering a unique chance to establish a thriving commercial presence in a rapidly developing area of Palestine. Don't miss this exceptional opportunity to acquire a highly desirable commercial property in a thriving location. The asking price is $2,750,000. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.