Technical
Financial
Distress signals
Property profile

Palestine, TX 75801

OFF-MARKET
Land
0.25 ac lot
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Property summary

AI-generated overview

This exceptional 0.248-acre commercial land parcel presents a unique investment opportunity in Palestine, Texas. Ideally situated at the intersection of three city streets – Terry, Mallard, and Church – this property boasts high visibility and excellent traffic flow. Its strategic location adjoins Printing by Michael-Westmoreland and sits directly across from a Kroger grocery store, ensuring consistent foot traffic and strong commercial viability. The property's size makes it suitable for a variety of development projects, capitalizing on the bustling commercial activity in the area. The legal description includes Tax account numbers 843924, 33967, 68983, and 68984, Volume 1940, 2103, referencing specific legal documentation (Page 740-776, 278, Affidavit). This prime location offers significant potential for investors seeking a high-return opportunity in a thriving Texas market. The asking price for this exceptional property is $35,000. Don't miss this chance to acquire a piece of Palestine's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 0.25 ac (10,803 SF)

Cap rate & NOI

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

Location

Palestine, TX 75801
Palestine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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