2800 S Loop 256 - Commercial LAND FOR SALE


Palestine, TX 75801 337,590 SF
$3,500,000 USD
903-343-6629
2800 S Loop 256, Palestine, TX for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/31
337,590 SF

2800 S Loop 256
Palestine, TX 75801


HIGHLIGHTS

  • Can divide into smaller lots

OVERVIEW

Are you needing a PRIME 7.75 acre retail location in Palestine or smaller lots, then here it is! You will not find a larger parcel of land available anywhere closer to the busiest growing area of Palestine than this property. Directly across Loop 256 from Lowes, a quarter mile from the Walmart, half mile to Tractor Supply, Hobby Lobby and the new Academy Sporting Goods store. This property is a corner location, offers easy access in and out, great visibility, 24,000 cars pass daily, slightly sloping from front to back and 85% cleared of large trees. Owner is willing to divide the frontage area and offer smaller acre tracts. Lot-B, 1.5 acres $1.5m Lot-C, 1.3 acres $1.3m Lot-D, 1.5 acres $1.5m Lot-E, 4.27 acres $680K Lot A is for the entire 7.75 acre parcel and will have approximately 525' of frontage on Loop 256. This parcel is already surveyed. Lot B is a 1.5 acre corner with Range Rd and will have approximately 185' frontage on Loop 256. Shared cross access in the front and rear will be required with adjoining lots. This property will still need to be surveyed out of the larger 7.75 acre parcel. Lot C is a 1.3 acre center lot and will have approximately 155' of frontage on Loop 256. Shared cross access in the front and rear will be required with adjoining lots. This property will still need to be surveyed out of the larger 7.75 acre parcel. Lot D is a 1.5 acre corner lot closest to the Hotel & approximately 185' frontage on Loop 256. Shared cross access in the front and rear will be required with adjoining lots. This property will still need to be surveyed out of the larger 7.75 acre parcel. Lot E is the rear lot of 4.27 acres and has no Loop 256 frontage, but it will have access from the side street Range Rd and shared access from the Hotel main driveway. This property will still need to be surveyed out of the larger 7.75 acre parcel.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$451,613/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Restaurant

LAND ACRES

7.75 AC

LAND SF

337,590 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ray Ver HeyStaples Commercial GroupMore Info
903-343-6629

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Ray Ver HeyStaples Commercial GroupMore Info
903-343-6629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.