5000 S Loop 256 - Auto Dealership FOR SALE


Palestine, TX 75803
$850,000 USD
479-504-2034
5000 S Loop 256, Palestine, TX for Sale
$850,000 USD
Auto Dealership - FOR SALE
1/5
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5000 S Loop 256
Palestine, TX 75803


OVERVIEW

5000 N Loop 256 presents a flexible commercial opportunity in Palestine, Texas, with a land position that distinguishes it from many small-format commercial assets. Palestine is located in Anderson County and serves as a regional hub for the surrounding East Texas trade area. The city benefits from its position along key regional roadways, a stable local customer base, and a mix of retail, service, industrial, and community oriented demand drivers. The property includes a 2,342 SF building on approximately 4.35 acres, offering meaningful optionality for continued use, expansion, outdoor display, storage, or redevelopment. The site benefits from reported traffic counts of approximately 8,700 vehicles per day on TX 360 and approximately 7,400 vehicles per day on E Palestine Avenue. Its larger acreage supports a wide range of potential strategies, including retail, service, automotive, owner user occupancy, or a land-value-driven investment thesis. From a commercial real estate standpoint, the key advanta

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.35 AC

LAND SF

189,486 SF

ZONING

-

APN/PARCEL ID

R832288

ASK ABOUT THIS PROPERTY

Corey FuhrmanFocus Commercial Realty Partners, LLCMore Info
479-504-2034

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Corey FuhrmanFocus Commercial Realty Partners, LLCMore Info
479-504-2034

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