This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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.

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

Price $249,900
Price Per SF $45
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Self Storage
  • Specialty Lodge Meeting Hall
  • Specialty Schools
Building Class C
Lot Size 1.14 AC
Building Size 5,508 SF
No. Stories 1
Year Built 2000
Parking Ratio 6.72/1,000 SF

Amenities

  • Air Conditioning

PROPERTY TAXES

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.)
  • Listing ID: 30204865

  • Date on Market: 11/30/2023

  • Last Updated:

  • Address: 201 Ragland St, Palestine, TX 75803

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}