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1515 E Park Ave

9.5 Acres of Commercial Land Offered at $1,028,280 CAD in Palestine, TX 75801

INVESTMENT HIGHLIGHTS

  • Over 12,500 cars pass by daily.
  • Great corner location with over 300' of frontage on Loop 256

EXECUTIVE SUMMARY

THE ORIGINAL LISTING WAS FOR APPROX 12 ACRES. 2.5 ACRES ON THE HARD CORNER HAS BEEN SOLD.
THE REMAINING 9.5 +/- ACRES IS AVAILABLE.
DEED RESTRICTION FOR NO CONVENIENCE STORES
Traffic count is over 12,500 daily.

PROPERTY FACTS

Price $1,028,280 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 9.50 AC

1 LOT AVAILABLE

Lot

Price $1,028,280 CAD
Price Per AC $108,240.00 CAD
Lot Size 9.50 AC

DESCRIPTION

Deed Restricted against any type of Gas Station or Convenience Store. Great corner location with over 300' of frontage on Loop 256, 9.5 acres total, Perfect for a large Retail, Shopping Center, Big Box Store, etc. Over 12,500 cars pass by daily.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R15638
Land Assessment
$222,475 CAD
Improvements Assessment
$25,756 CAD
Total Assessment
$248,231 CAD

ZONING

Zoning Code C-3 (Commercial)
C-3 (Commercial)
  • Listing ID: 30809463

  • Date on Market: 2024-01-29

  • Last Updated:

  • Address: 1515 E Park Ave, Palestine, TX 75801

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