Technical
Financial
Distress signals
Property profile

Palestine, TX 75801

OFF-MARKET
Land
0.11 ac lot
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Property summary

AI-generated overview

This exceptional 0.105-acre commercial land parcel presents a unique investment opportunity in the thriving city of Palestine, Texas. Located in Anderson County, this unimproved wooded lot is conveniently situated just minutes from the historic Courthouse Square and Loop 256, offering easy access to major roadways and the city's vibrant amenities. The property, identified as Reagan Block F Lot 1A, is situated at Lot 1A E Murchison, Palestine, TX 75801 (31.7666249, -95.6296198). Its prime location makes it ideal for a variety of commercial ventures. Prospective buyers are responsible for verifying the availability of utilities such as water, sewer, electricity, and gas. Additionally, it is the buyer's responsibility to confirm compliance with all applicable city codes, zoning regulations, and any potential restrictions that may pertain to the property's intended use. This presents a blank canvas for development, allowing for the creation of a tailored commercial space to meet specific business needs. Seize this chance to acquire a strategically positioned lot in a growing Texas community. The asking price for this exceptional property is $8,500.

Property profile

Verified
Property type Land
Lot 0.11 ac (4,574 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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