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Listed by Staples Commercial Group LLC
$ 595,000
Est. payment /mo
Active
6175 Loop 256 Palestine, TX 75801
19.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Palestine
MLS Listing ID 112874
Construction Status Other
HOA Y/N No
Lot Size 19.430 Acres
Lot Dimensions 846370.8
Property Sub-Type Commercial
Property Description
Great investment property with credit worthy Tenant. Sale to include 7 year tenant lease with TEXWIN and all additional land. Totalpurchase is 19.43 acres, Tenant lease 2.5 acres of this. 1.13 acres remains outside of the flood zone and 15.8 acres remains inside ofthe flood zone. Car count for this property is approximately 12K daily. Tenant lease started on 10/1/25 and ends 2/28/33, plus they havetwo 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed theirown septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the propertysince Tenant is responsible for the Property Taxes. TEXWIN is a company that sells portable buildings to home owners.
Location
State TX
County Anderson
Interior
Heating None
Cooling None
Flooring None
Exterior
Parking Features On Site
Utilities Available Electricity Connected, Water Connected
Roof Type Other
Building
Lot Description Corner Lot, City Lot
Foundation Other
Sewer Other
Water Public
Construction Status Other
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
