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Property profile & analytics
OFF-MARKET
Commercial real estate

256 Tbd Loop Palestine, TX 75801

338,286 SF 7.77 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 338,286 SF
Lot 7.77 ac (338,461 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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