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Property profile & analytics
OFF-MARKET
Land

6003 Tx-256 Loop Palestine, TX 75801

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Palestine, Texas. Located at 6003 TX-256 Loop, this property boasts an enviable corner location with approximately 255 feet of frontage on the heavily trafficked Loop 256, experiencing an estimated 12,000 vehicles daily. The HC (Highway Commercial) zoning allows for a wide range of business ventures. The land is mostly fenced, offering excellent security and defining boundaries. Currently, there are no remaining structures on the site, providing a blank canvas for development tailored to your specific needs. This property is ideal for businesses seeking high visibility and convenient access to a major thoroughfare. The asking price is $285,000, translating to $142,500 per acre, reflecting the strategic value of this location within a growing area of Palestine. The Anderson County location, with a 75801 zip code, ensures easy access to local amenities and a strong regional market. The property's APN is 35059. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Don't miss out on this chance to establish your business in a high-traffic, highly visible location.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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