STATE HIGHWAY 155/FM 315-PALESTINE, TX

Retail-Commercial for Sale
Catylist Listing ID: 30766578
Building Size (RSF): 1,957 SF
Gross Building Area: See Agent
Gross Land Area: 4 - 5 Acres
Sale Price: $699,000
Unit Price: $357.18 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

Total of 4.666 acres, mostly inside Palestine city limits. Prime commercial property on high traffic State Hwy 155. About 490' of frontageon State Hwy 155 and the same on FM 315. Across hwy from Family Dollar, Texas Farm Bureau office and a Mahindra dealer. Caddycorner to an Exxon gas C-Store and just north of a Chrysler/Dodge/Jeep dealer. The property on the corner of Hwy 155 & FM 315 isalso for sale in a separate listing as 2601 Hwy 155 (see Paragon 10118720) with 1.66 additional acres, making the entire cornerinclusive 6.326 acres. Perfect for another C-Store, General merchandise store, neighborhood grocery, or several different businesses.

Additional Details

Nearest MSA: Palestine
County: Anderson
Taxing Authority: ANDERSON COUNTY
Tax ID/APN: R0033664
Highway Access: Hwy 155
Construction/Siding: Other
Zoning Description: Commercial
Lot Frontage: 490' of major road frontage
Legal Description: NORWOOD HEIGHTS BLOCK 2 LOT B &C, 4.666 ACRES

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,540 10,087 20,910
Median Age: 33.62 33.33 35.33
Households: 898 3,629 7,883

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