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South US Hwy 79/84

6.5 Acres of Commercial Land Offered at $250,000 in Palestine, TX 75801

Investment Highlights

  • Heavy commercial traffic
  • Commercial growth in area
  • 710' Frontage on US Hwy 79
  • Quick access to Palestine, East Texas and Interstate 45

Executive Summary

PRICE REDUCED!!!!! Highly visible 6.5-acre vacant, flat, commercial, corner lot just 6 miles south of Palestine, TX. Heavy traffic flow with about 710' of frontage on US Hwy 79/84. Convenience store, fueling station, truck stop, small RV Park, self-storage or build a shop for personal use or as a rental.

Financial Summary (Actual - 2022)

Annual Annual Per AC
Taxes $843 $129.69
Operating Expenses - -
Total Expenses $843 $129.69

Financial Summary (Actual - 2022)

Taxes
Annual $843
Annual Per AC $129.69
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $843
Annual Per AC $129.69

Property Facts

Price $250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Auto Repair
  • Contractor Storage Yard
  • Convenience Store
  • Distribution
  • Manufactured Homes or Mobile Home Park
  • Self Storage
  • Service Station
  • Warehouse
Total Lot Size 6.50 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $250,000
Price Per AC $38,462
Lot Size 6.50 AC

6.5-acre vacant, flat, commercial, corner lot. Land only. Adjacent to Walmart Distribution Center. Water and electricity available. About 710' of frontage on US Hwy 79.

Description

PRICE REDUCED!!!! Discover a prime 6.5-acre commercial gem, prominently situated just 6 miles south of Palestine, TX. This expansive, level lot stands out with its strategic positioning as a corner property, boasting remarkable visibility. The parcel commands attention with an impressive 710 feet of frontage along the bustling US Hwy 79/84, ensuring a steady flow of heavy traffic. Unleash the potential of this versatile canvas, unrestricted and located outside city limits. Imagine the possibilities - from a convenient and thriving convenience store to a dynamic fueling station. Picture a bustling truck stop meeting the demands of travelers or a compact RV Park offering a cozy retreat. Alternatively, envision the development of a self-storage facility catering to the storage needs of the community. This blank slate also provides an excellent opportunity to construct a workshop, whether for personal use or as a lucrative rental venture. The absence of restrictions empowers you to mold this expansive space into the commercial venture of your dreams. Seize the advantage of this strategic location, where the synergy of high visibility and significant frontage converges with boundless potential. Whether you're an entrepreneur seeking an ideal business location or an investor with an eye for untapped possibilities, this 6.963-acre parcel invites you to shape the future of commerce just south of Palestine, TX.

zoning

Zoning Code Commercial (Unrestricted)
Commercial (Unrestricted)
  • Listing ID: 28838001

  • Date on Market: 6/23/2023

  • Last Updated:

  • Address: South US Hwy 79/84, Palestine, TX 75801

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