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409 E Palestine Ave - 409 E Palestine Avenue

3.9 Acres of Commercial Land Offered at $849,065 CAD in Palestine, TX 75801

Investment Highlights

  • Great location for Convenience Store, Retail Center
  • 3.9 acres
  • 10,500 cars pass daily

Property Facts

Price $849,065 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Bank
  • Carwash
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Medical
  • Motel
  • Neighbourhood Centre
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 3.90 AC

1 Lot Available

Lot

Price $849,065 CAD
Price Per AC $217,709 CAD
Lot Size 3.90 AC

Several lots compiled to make 3.899 acres, Legal description is: Original Block 93 N1/2, Lots 8A, 8B, 9A, 9B, 9C, 10, 17B, 18A, 18B, and 19.

Description

Great corner property consisting of 3.899 acres, this commercial property is ideal for any Convenience Store, Gas Station, retail center, Fast Food and and much more. It's a very busy intersection of HWY 155 & HWY 79 in Palestine with over 10,500+ cars passing daily. See attached Suggested Site Plans for the property. This property price is based on just the land value only, but it also includes the small beauty salon building that does have an income currently, but the seller is not adding any value to the asking price for this.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R34174
Land Assessment
$80,218 CAD
Improvements Assessment
$0 CAD
Total Assessment
$80,218 CAD

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32408553

  • Date on Market: 2024-07-10

  • Last Updated:

  • Address: 409 E Palestine Ave, Palestine, TX 75801

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