604 Jefferson St Palmer, TX 75152
This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in Palmer, Texas. Located at 604 W Jefferson St, in Ellis County, this property is zoned R-5 Mobile Home, offering considerable flexibility for development. The asking price is $85,000, making it an attractive entry point for investors seeking a foothold in this growing Texas market. The property's 0.96-acre size provides ample space for various commercial ventures, subject to local regulations and permitting. Its convenient location in Palmer, TX, zip code 75152, offers easy access to transportation routes and local amenities. The latitude and longitude coordinates are 32.4258141, -96.6901907, respectively, for precise location identification. This land presents a compelling opportunity for entrepreneurs and investors looking to capitalize on the potential of this prime commercial real estate in a thriving Texas community. Serious inquiries are encouraged to explore the possibilities this property offers. The R-5 zoning designation should be verified with the relevant authorities to ensure compliance with any intended development plans. All information provided is deemed reliable but not guaranteed and should be independently verified.
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
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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.