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Property profile & analytics
OFF-MARKET
Land

0 Willow Creek Pkwy Palestine, TX 75801

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre parcel of land, zoned I-1 (Industrial), is ideally situated on Willow Creek Parkway in Palestine, Texas, zip code 75801. Located within Palestine's thriving Medical District, this property offers unparalleled convenience and synergy with existing medical facilities. The site enjoys easy access to Loop 256, providing excellent connectivity to the wider region. Nearby amenities include the Palestine Regional Medical Center, Walmart Supercenter, Lowe's Home Improvement, numerous shopping centers, banks, and various local businesses. This location offers a strategic advantage for businesses seeking a presence in a growing area with established infrastructure and a strong local economy. The property's I-1 zoning allows for a variety of industrial and office uses, making it suitable for a wide range of development projects. Note that an adjacent 9.5-acre parcel is also available for purchase, presenting an opportunity to acquire a combined total of approximately 11 acres. This property is situated in an Opportunity Zone, potentially offering significant tax advantages. Contact us for pricing information.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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