1230 Fm 315 Palestine, TX 75803
- Commercial real estate
- 4.67 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1230 Fm 315
- Lot size
- 4.67 lot acres
- Property type
- Commercial real estate
- APN
- R0045297/R0033664
Description
This exceptional 4.666-acre property boasts a prime location in Palestine, Texas, at the intersection of FM 315 and State Highway 155. The land offers approximately 490 feet of frontage on both major roadways, ensuring high visibility and accessibility. Its Highway Commercial zoning allows for a variety of commercial uses, making it ideal for a convenience store, retail center, or general merchandise store. The property's strategic location places it directly across the highway from a Family Dollar, Texas Farm Bureau office, and a Mahindra dealership, and diagonally across from an Exxon gas station and convenience store. A Chrysler/Dodge/Jeep dealership is also located nearby, creating a strong commercial cluster. Adding to the property's versatility, an existing three-bedroom house and shop are situated on the land and are in good condition. This presents an excellent opportunity for an owner-user seeking a home office with ample space for expansion, such as the development of storage units or other business ventures. The property is partially within Palestine city limits, offering access to city services and amenities. The Anderson County APN is R0045297/R0033664. The asking price for this exceptional commercial and residential opportunity is $699,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palestine
- County
- Anderson
- State
- Texas
- Longitude
- -95.618341
- Latitude
- 31.7929382
