102 Wesley Dr, Palestine, TX

Land for Sale - $530,000 - 0.52 acres


Agent Info

Commercial Department
Staples Commercial Group

Property Info

CIMLS#1138347
Location
  102 Wesley Dr
  Palestine TX 75801
UpdatedMarch 12th, 2024
TypeLand
Price$530,000
Land0.52 acres

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 information. This property has approximately 135' of Loop 256 frontage but no driveway from there. All accesswould be from the side street Wesley Dr. which has approximately 313' of frontage.


Financials



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