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0 An County Road 443 Palestine, TX 75803

OFF-MARKET Land Google Maps
25.88 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 25.878-acre commercial property in Palestine, Texas, presents a unique investment opportunity. Located on An County Road 443, zip code 75803, this gently rolling tract boasts readily available electricity at the property line. While water service is temporarily diverted from an alternate well due to repairs needed on the area's primary well, water access is confirmed. A recent survey has clearly marked and cleared all property lines, further enhanced by the installation of metal T-posts. Benefitting from a current timber exemption, the land showcases a diverse mix of hardwood and pine trees. Abundant wildlife and numerous potential building sites add to the property's appeal. The asking price is $219,963, translating to $8,500 per acre. This Anderson County location offers significant potential for various commercial ventures, making it an attractive investment prospect. The property's size, accessibility, and natural features combine to create a compelling opportunity for development.

Property profile

Verified
Property type Land
Lot 25.88 ac (1,127,246 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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