4008 Oak St Palestine, TX 75801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.