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Property profile

4008 W Oak St Palestine, TX 75803

FOR SALE
Land
Property ID
US82-5749026
5.26 ac lot
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4008 W Oak St, Palestine, TX 75803
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Property summary

AI-generated overview

This exceptional 5.26-acre commercial land parcel presents a unique development opportunity in Palestine, Texas. Located at 4008 W Oak St, the property boasts an impressive 370 feet of frontage along US Highway 79, offering excellent visibility and accessibility. Situated just 1.5 miles southwest of Loop 256, this strategically located lot is within city limits and benefits from readily available utilities. The zoning is designated as Commercial, allowing for a wide range of development possibilities. The expansive 229,082 square foot lot is ready for immediate development, catering to the needs of a single tenant. The property's location is surrounded by numerous retail and service businesses, indicating a thriving commercial environment. The landlord is open to leasing the land and tailoring the development to meet the specific requirements of the tenant. This presents a rare chance to acquire a significant commercial land holding in a growing Texas market. The APN is 14130. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes.

Property profile

Verified
Property type Land
Lot 5.26 ac (229,126 SF)
UPID US82-5749026

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4008 W Oak St Palestine, TX 75803
Palestine metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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