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Property profile & analytics
OFF-MARKET
Commercial real estate

604 Jefferson St Palmer, TX 75152

0.96 ac lot
Property ID
US83-3948251
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.96 ac (41,818 SF)
UPID US83-3948251
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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