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    Property profile & analytics
    OFF-MARKET
    Land

    300 Medical Dr Palestine, TX 75801

    16 ac lot
    Property ID
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    Property summary
    AI-generated overview

    This exceptional 16-acre property presents a unique investment opportunity in the thriving city of Palestine, Texas. Zoned for commercial use, this expansive land parcel offers significant potential for a variety of development projects. Its strategic location within the Palestine medical district provides convenient access to essential amenities, including the Palestine Regional Medical Center, Walmart Supercenter, Lowe's Home Improvement, numerous shopping centers, banks, and a variety of local businesses. The property's address is 300 Medical Dr, Palestine, TX 75801, situated in Anderson County. Its convenient location ensures easy access to major roadways and thoroughfares, enhancing its appeal for businesses seeking high visibility and accessibility. The property's versatility extends beyond commercial applications

    Property profile
    Verified
    Property type Land
    Lot 16 ac (696,960 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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