Financial
Distress signals
Property profile

2005 Tile Factory Rd Palestine, TX 75801

FOR LEASE
Other industrial properties
Property ID
US82-6263223
13,832 SF 2.8 ac lot Built 1961
Last sale Jun 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. 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

The property is a 13,800-square-foot light industrial facility on 2.8 acres, consisting of approximately 6,300 square feet of office space and 7,800 square feet of warehouse space. The office area includes more than 10 offices, a large conference room, bull pen area, break room, training room, laundry room, and multiple restrooms. The warehouse is equipped with three 14-foot grade-level doors and two semi-dock-high loading doors. Exterior improvements include a high-fenced site with an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$8k
Tax billed · 2022
Assessed value · 2024$408k
Assessed land$160k
Assessed improvement$248k
Effective rate1.94%

Value estimate

· Sep 2026
$410k
$369k – $451k
AI approach$410k

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: Restaurant
Demand index
Restaurant11.8
Wholesale Shop11.5
Hair Salon10.7

Location

2005 Tile Factory Rd Palestine, TX 75801
County assessor Recorded deeds · 1 transfer 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

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
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?”
More about this property
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