$950,000
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1.55 Acres Lot
SOLD DATE : 06/08/2023
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Mcfarlane Estates #3
MLS Listing ID 20233398
Sold Date 06/08/23
Total Fin. Sqft 2094
Year Built 1977
Annual Tax Amount $3,728
Lot Size 1.550 Acres
Acres 1.55
Property Description
This is one of the only properties available right in the Heart of the Growing area of Palestine, TX. Across Loop 256 from Walmart,Brookshires, Walgreens, Applebee's and in line on the same side of the Loop with Hobby Lobby, Tractor Supply Co, Chili's, McDonalds,Starbucks, Panda Express and more. So if you are looking for a great opportunity to build your new business along side other Nationalbusinesses then this is the place for you. Seller currently lives in the home on the property, it's actually in very good condition, butunderstands that the Highest and Best use for this property would be commercial use. So no real value was figured into the price for thehome. All of the 1.55 acre property is zoned HC-Highway Commercial by the city, this allows for a lot of different types of uses so checkwith the City of Palestine or there website. If you go to there website, just click on the search bar and type Zoning Ordinance (PDF) andscroll to the HC zoning informatio
Location
State TX
County Anderson
Zoning HC
Direction From Hwy 155 turn Left onto Loop 256 for 4 miles then turn Left onto Wesley Dr just after the light.
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Concrete, Tile, Vinyl
Heat Source Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Parking Type Concrete, Driveway
Garage No
Building
Foundation Slab
Structure Type Brick,Wood
Others
Ownership Larry Legard
Financing Conventional
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Bought with Non-Mls Member • NON MLS