155 County Rd Palestine, TX 75801
This exceptional 6.75-acre commercial lot presents a remarkable investment opportunity in Palestine, Texas. Located on a high-traffic corner, the property boasts approximately 710 feet of frontage along US Highway 79/84, ensuring maximum visibility for any commercial venture. The land is completely flat and vacant, simplifying development and minimizing site preparation costs. Its convenient location, just six miles south of Palestine, offers easy access to the city's amenities while benefiting from the high traffic volume of the major highway. The permitted zoning is commercial, allowing for a wide range of uses, including but not limited to a convenience store, fueling station, truck stop, small RV park, self-storage facility, or a workshop for personal or rental use. The Anderson County location, with APN 843306|1, provides a solid foundation for a successful business. The asking price is $250,000, translating to approximately $35,904 per acre, reflecting the property's prime location and development potential. This is a rare opportunity to acquire a highly visible and versatile commercial parcel in a growing area. Don't miss out on this chance to establish your business or build a strong investment portfolio.
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
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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.