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Property profile & analytics
OFF-MARKET
Land

000 Hwy Palestine, TX 75801

20.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.686-acre commercial land parcel presents a remarkable investment opportunity in Palestine, Texas. Strategically located just inside Loop 256 on Highway 155, this property boasts significant visibility and high traffic counts, making it ideal for a variety of commercial ventures. The asking price is $185,000. The land features mature timber and readily available water, adding to its appeal and potential development options. Its prime location on the Loop and Highway 155 ensures excellent road frontage, maximizing exposure to potential customers. This expansive acreage offers ample space for the construction of a new commercial building, providing significant flexibility for various business types. The property's location within the Loop 256 area in Anderson County, Texas, zip code 75801, offers convenient access to local amenities and a thriving community. With its size, location, and existing features, this property represents a unique chance to establish a successful commercial enterprise or secure a valuable investment in a high-growth area. The coordinates are 31.7588209 latitude and -95.5407299 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

Property profile
Verified
Property type Land
Lot 20.69 ac (901,082 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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