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    300 Medical Dr Palestine, TX 75801

    • Land
    • 16.00 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 300 Medical Dr

    Lot size
    16.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6293
    Latitude
    31.7311

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      Willow Creek Pkwy

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      55.00 Acres

      79 Brookhollow Dr

      Agricultural land • 55.00 Acres
      79 Brookhollow Dr, Palestine, TX 75801
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    • Value Estimation by Request
      7.00 Acres

      256 Tbd Loop

      Land • 7.00 Acres
      256 Tbd Loop, Palestine, TX 75801
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    • Value Estimation by Request
      20.69 Acres

      000 Hwy

      Land • 20.69 Acres
      000 Hwy, Palestine, TX 75801
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    • Value Estimation by Request
      36.90 Acres

      353 An County Rd

      Land • 36.90 Acres
      353 An County Rd, Jacksonville, TX 75801
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    • Value Estimation by Request
      16.13 Acres

      Palestine, TX 75801

      Land • 16.13 Acres
      Palestine, TX 75801
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16.00 Acres

      16 Acres Palestine Commercial Land

      Prime 16-acre commercial tract in Palestine, TX.
      300 Medical Dr, Palestine, TX 75801
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      1.50 Acres

      Palestine Industrial Land - 1.5 Acres

      Prime Industrial Land in Palestine, TX Medical District.
      0 Willow Creek Pkwy, Palestine, TX 75801
      View Details
    • Contact for pricing
      1.50 Acres

      1.5 Acres Commercial Land, Palestine, TX

      Wooded corner lot, country feel, city convenience.
      0 1.5Acres Fawn Dr, Palestine, TX 75801
      View Details
    • $625,000
      2.90 Acres

      Prime Palestine Commercial Land

      High-visibility Loop 256 lot, 2.9 acres.
      3315 Loop 256, Palestine, TX 75801
      View Details
    • $250,000
      1.75 Acres

      Prime Palestine Commercial Land

      1.75 Acres, High Traffic, C-4 Zoning
      3323 Tx 256 Loop, Palestine, TX 75801
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    • $2,750,000
      7.00 Acres

      TBD S Loop 256

      Land • 7.00 Acres
      256 Tbd Loop, Palestine, TX 75801
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      67,598 SF

      Prime Palestine Commercial Land

      High-traffic location, 1.54 acres.
      103 Wesley Dr, Palestine, TX 75801
      View Details
    • $8,280 /Mo
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      Palestine Warehouse with Extensive Office

      Large office and warehouse space with easy semi-truck access.
      2005 Tile Factory Rd, Palestine, TX 75801
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    • $2,295 /Mo
      7,231 SF

      Palestine Flex Space For Lease

      3060 SF flex space available for lease in Palestine, TX.
      5424 W Oak St, Palestine, TX 75801
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    • $8,280 /Mo
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      Palestine Office/Warehouse Space Available

      Large office/warehouse with semi-truck access in Palestine, Texas.
      2500 Tile Factory Rd, Palestine, TX 75801
      View Details
    • $3,500 /Mo
      145,578 SF

      Palestine TX Warehouse For Lease

      33,000 SF warehouse with highway frontage and flexible spaces.
      3215 W Oak St, Palestine, TX 75801
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    • $450 /Mo
      13,242 SF

      Commercial Lot For Lease

      Vacant commercial lot for lease in Palestine, Texas.
      217 W Palestine Ave, Palestine, TX 75801
      View Details
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    300 Medical Dr
    Palestine, TX 75801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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