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Property profile & analytics

10411 Us Hwy 79 Palestine, TX 75801

  • Commercial real estate
  • 11,576 SF
  • 2.02 lot acres
OFF-MARKET
Value Estimations
$515,000
Cap Rate Potential
Location Intelligence
Property ID
US83-1492272
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Alford's Custom Cabinets / General Contractor

Property Details for 10411 Us Hwy 79

Lot size
2.02 lot acres
Property size
11,576 SF
Property type
Commercial real estate
APN
R17289
APU
R17289

Description

This exceptional investment opportunity presents a well-constructed 10,576 square foot warehouse building situated on a 2.02-acre lot. The property enjoys a prime location on heavily traveled US Highway 79, just south of Palestine, Texas, ensuring high visibility and accessibility. Currently occupied by a woodworking and cabinet shop operating under a month-to-month lease, providing immediate cash flow. The tenant is expected to renew their lease, either before or after the sale, offering continued rental income for the new owner. The building itself is solidly constructed and well-maintained. All essential utilities are readily available on-site, simplifying operations and reducing potential setup costs. Furthermore, the property benefits from the recent installation of fiber-optic cable, providing access to high-speed internet—a crucial asset for modern businesses. This combination of a strong tenant, desirable location, and modern infrastructure makes this warehouse a compelling investment prospect with significant potential for future growth and return. The property's size and location make it suitable for a variety of commercial uses, offering flexibility for the new owner. This is a rare opportunity to acquire a well-established commercial property in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Palestine
County
Anderson
State
Texas
Longitude
-95.7466
Latitude
31.675
CBSA code
37300
CBSA name
PALESTINE, 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
$3,859
$39,597
$197,312
$236,909
-
$39,597
$197,312
$236,909
More about this property
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