000 Hwy Palestine, TX 75801
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.
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
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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.