5030 Salt Works Rd Palestine, TX 75801
- Commercial real estate
- 53.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5030 Salt Works Rd
- Lot size
- 53.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional 53.4-acre commercial land parcel presents a remarkable investment opportunity in Palestine, Texas. Located on Loop 256, this property boasts a highly desirable location with excellent visibility and high traffic counts, making it ideal for a wide range of commercial ventures. The land's versatility allows for diverse development possibilities, including restaurants, strip malls, or office spaces. Its strategic position near a small subdivision further enhances its potential. The property itself features a mix of terrain, including areas of hardwood trees and a lower-lying section with a creek that flows during periods of wet weather. The asking price is $427,200. This substantial acreage offers significant potential for growth and development in a thriving Texas community. The property's address is 5030 Salt Works Road, Palestine, Anderson County, TX 75801. Its prime location and ample size make it an attractive proposition for entrepreneurs and investors seeking to establish a new business or expand existing operations. The property's unique features, including the varied terrain and proximity to residential areas, create a compelling opportunity to develop a successful and thriving commercial project. This is a rare chance to acquire a significant land holding in a high-growth area.
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
- -95.5407299
- Latitude
- 31.7588209
