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Property profile

155 County Rd Palestine, TX 75801

OFF-MARKET
Land
6.75 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.75 ac (294,030 SF)

Cap rate & NOI

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

Location

155 County Rd Palestine, TX 75801
Palestine metro
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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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