This prime commercial property offers a premier purchase opportunity on 1.55 acres of retail zoned land. Situated next to high-traffic national retailers such as Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee's, and Wendy's, this site is positioned for maximum visibility and foot traffic. PRICING $1,300,000 Pricing: $1,300,000 Total acreage: 1.55 acres Traffic count: 23,487 vehicles per day Zoning: Retail commercial Frontage: 185 feet on Loop 256 On-site building: 2,094 SF home currently on the property with potential for redevelopment With its strategic location near prominent retailers, access to utilities, and excellent traffic visibility, this property offers flexibility for businesses looking to lease or acquire a valuable asset in the thriving retail environment of Palestine, TX
| MLS # | 24012808 |
|---|---|
| Listing Type | For Lease |
| Style | Land |
| Status | Active |
| Days On Site | 773 |
| Listing Provided By | Scarborough Commercial Real Estate | Samuel Scarborough |
| Acreage | 1.55 |
|---|
| Lot Features | Inside City Limits |
|---|---|
| Construction Materials | See Remarks |
| Sewer | Other/See Remarks |
|---|
| Tax Annual Amount | 3536 |
|---|---|
| Tax Legal Description | MCFARLANE ESTATES #3 LOT 1A & 1B |
| Tax Year | 2023 |
| State | TX |
|---|---|
| County | Anderson |
| City | Palestine |
| Zip Code | 75801 |
| Area | Anderson |
| Listing VS Median (in 75801) | |
Price: $1,190,000 low | high Med: $279,250 On site: 773 low | high Med: 124 | |
| State | TX |
|---|---|
| County | Anderson |
| City | Palestine |
| Zip Code | 75801 |
| Area | Anderson |
| Listing VS Median (in 75801) | |
Price: $1,190,000 low | high Med: $279,250 On site: 773 low | high Med: 124 | |
![]() | $1,300,0002700 S Loop 256Palestine, TX 75801 |