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Property profile & analytics
OFF-MARKET
Land

28 San Jacinto St Palestine, TX 75801

0.34 ac lot
Property ID
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
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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