201 Ragland St
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201 Ragland St
5,508 SF Specialty Building Offered at $249,900 in Palestine, TX 75803
Investment Highlights
- Accessible to Major Texas State Hwy 155
- Vacant Adjacent land Available for development
- Office/Warehouse building available separately
- Within City Limits, Palestine, TX
- Residential Parsonage available separately
Executive Summary
Once a dedicated church facility, this 5,508 sq ft building, situated on 1.136 acres, presents a versatile opportunity for redevelopment. Boasting an open lot primed for expansion, the property can seamlessly transition into various purposes such as a daycare, senior center, storage facility, multi-family dwelling, or other residential ventures. Its expansive potential extends to the creation of a community playground, enhancing the local environment.
With all utilities already in place, the property offers convenience and practicality for diverse applications. Located just a few blocks from State Hwy 155, north of Loop 256 in Palestine, TX, it enjoys strategic positioning for accessibility and visibility. This prime location opens the door to a multitude of possibilities for prospective buyers. Additionally, the seller has other offerings in close proximity, providing a comprehensive real estate opportunity. An office/warehouse building and a residential property, previously utilized as a parsonage, are available for individual purchase on adjacent lots. This diversified selection caters to a range of preferences and business needs.
Whether envisioning a vibrant community space, a functional daycare center, or a housing development, this property serves as a canvas for transformation. Its historical connection to a church facility adds character to its potential applications. The nearby presence of major transportation routes enhances its appeal for commercial or residential ventures. seize this chance to contribute to the community's growth and development while exploring the various prospects this property and its adjacent offerings present.
With all utilities already in place, the property offers convenience and practicality for diverse applications. Located just a few blocks from State Hwy 155, north of Loop 256 in Palestine, TX, it enjoys strategic positioning for accessibility and visibility. This prime location opens the door to a multitude of possibilities for prospective buyers. Additionally, the seller has other offerings in close proximity, providing a comprehensive real estate opportunity. An office/warehouse building and a residential property, previously utilized as a parsonage, are available for individual purchase on adjacent lots. This diversified selection caters to a range of preferences and business needs.
Whether envisioning a vibrant community space, a functional daycare center, or a housing development, this property serves as a canvas for transformation. Its historical connection to a church facility adds character to its potential applications. The nearby presence of major transportation routes enhances its appeal for commercial or residential ventures. seize this chance to contribute to the community's growth and development while exploring the various prospects this property and its adjacent offerings present.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | - | - |
Operating Expenses | $1 | $0.00 |
Total Expenses | $1 | $0.00 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | $1 |
Annual Per SF | $0.00 |
Total Expenses | |
---|---|
Annual | $1 |
Annual Per SF | $0.00 |
Property Facts
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | R42027 | Improvements Assessment | $181,350 (2024) |
Land Assessment | $74,226 (2024) | Total Assessment | $255,576 (2024) |
PROPERTY TAXES
Parcel Number
R42027
Land Assessment
$74,226 (2024)
Improvements Assessment
$181,350 (2024)
Total Assessment
$255,576 (2024)
zoning
Zoning Code | Commercial (Mixed use commercial.) |
Commercial (Mixed use commercial.) |
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201 Ragland St
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