Financial
Distress signals
Property profile

1516 S Sycamore St Palestine TX Palestine, TX 75801

FOR SALE
Commercial real estate
Property ID
US82-6315174
11,860 SF 1.91 ac lot Built 1978
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents two 6,000-square-foot warehouses situated on a 2.23-acre lot in Palestine, TX. Built in 2006 and renovated in 2024, these industrial spaces boast 4 loading docks and 4 dock-high doors, providing ample access for efficient operations. Each warehouse features insulated construction, updated wiring and lighting, and 3-phase electrical service. The open floor plans offer versatile usage options. The property is fully fenced and includes paved

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$280k
Assessed land$141k
Assessed improvement$140k
Effective rate2.37%

Value estimate

· Sep 2026
$295k
$266k – $325k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionANDERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency19.9
Law Firm15.5
Building Supply14.8

Location

1516 S Sycamore St, Unit Palestine TX Palestine, TX 75801
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
608 Crawford, Palestine, TX 75801-2963 $12,500 Jan 2025 1,114 SF
205 Palestine, Palestine, TX 75801-7627 $1,410,000 Feb 2024 3,672 SF
1701 Palestine, Palestine, TX 75801-4033 $23,000 Nov 2022 4,389 SF
1736 Crockett, Palestine, TX 75801-5902 $30,000 Mar 2022 1,872 SF
613 Ave A, Palestine, TX 75801-2907 $5,000 Oct 2018 1,312 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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