About This Home
This 0.55-acre commercial lot sits at the heavy-traffic intersection of Loop 256 and Hwy 79 in Palestine, Texas. The property is currently vacant and offers a large, open site for a new commercial business. There are commercial businesses nearby and next door, placing the lot among established commercial activity at the intersection.
With no existing structures, bedrooms, or bathrooms, the property provides a blank canvas for a buyer’s planned use and development. It is described as the only vacant lot on this intersection, offering a substantial footprint in a prominent location. The lot is listed at $495,000 and is located at 2016 W Oak St. in Palestine. Buyers can evaluate the site for a future commercial business based on their intended plans and applicable requirements.
Key Features
- 0.55 acre lot
Nice large lot on heavy traffic intersection of Loop 256 and Hwy 79. Plenty of commercial businesses nearby and next door. Very large lot for a new commercial business. Only vacant lot on the intersection. Just waiting on buyer to put in new business.
Monthly Cost Estimate
$2,647/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2016 W Oak St.
Palestine, TX 75803
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2016 W Oak St. is listed at $495,000. The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.55 acre lot.
This property is listed by Cindy Burkett and can be reached at 9035701487.
