600 Preston StJacksonville, TX 75766

  • Land
  • 3.25 AC
For Sale
$225,000 View listing

Property Details for 600 Preston St

Lot size
3.25 AC
Property type
Land
Property subtype
Commercial land
APN
221561100
APU
221561100

Description

This exceptional 3.363-acre commercial land parcel is located at 600 Preston St., Jacksonville, Texas, 75766, in Cherokee County. Offered at $225,000, this represents a land value of $66,905 per acre. The property is part of a larger portfolio of excess land and improvements from Ardent Health Services, presenting a unique investment opportunity. The site's strategic location within Jacksonville offers significant potential for various commercial developments. This is a rare chance to acquire a sizable tract of land in a growing Texas market. The property's size and location make it suitable for a range of commercial uses, offering investors considerable flexibility and potential for substantial returns. The overall portfolio comprises approximately 47.54 acres, providing multiple value-add opportunities for investors seeking diverse holdings in the healthcare sector. This specific 3.363-acre parcel presents a compelling opportunity to capitalize on the strong market dynamics of Jacksonville, Texas. Further due diligence is recommended to fully assess the development potential of this prime commercial land. The property's coordinates are 31.9579475 latitude and -95.2698581 longitude.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,653,196
    Hospitality
    $32,658,138
    Educational
    $27,171,188
    Medical
    $28,105,646
    Retail
    $42,266,292
600 Preston St, Jacksonville, Texas
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Location Insight

City
Jacksonville
County
Cherokee
State
Texas
Latitude
31.9579
Longitude
-95.2699
CBSA code
27380
CBSA name
JACKSONVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,611
$80,620
-
$80,620
-
$80,620
-
$80,620

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