Technical
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Property profile

28 San Jacinto St Palestine, TX 75801

OFF-MARKET
Land
0.34 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering encompasses two contiguous lots totaling 0.344 acres, ideally situated in the heart of Palestine, Texas. The property boasts a highly desirable location just off the heavily trafficked West Oak Street/Highway 84, ensuring excellent visibility and accessibility. The land is already cleared and level, presenting a significant advantage for immediate development. Its central location within Palestine offers numerous possibilities for a variety of commercial ventures. The lots are described as being part of Texas land company block A1, lots 28 & 29. While no existing survey is available, potential buyers are encouraged to conduct their own due diligence to verify any applicable city building restrictions, zoning regulations, and utility availability. The asking price is $8,500. The potential for expansion exists, with the possibility of acquiring additional adjoining lots should a larger footprint be required. This presents a rare opportunity to secure a prime commercial parcel in a thriving Texas city. Act quickly to capitalize on this exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 0.34 ac (14,985 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28 San Jacinto St Palestine, TX 75801
Palestine metro
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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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