$250,000


2601 State Highway 155
Palestine, TX 75803

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  • 33117975
  • 2601 State Highway 155
  • 75803
  • NORWOOD HEIGHTS (CITY) BLOCK 2 LOT A
  • Norwood Heights City
  • Palestine Area
  • 2
  • 72310 SQFT
  • Active
  • $250,000.00
  • Palestine
  • TX
  • Single-Family
  • 1988
Listed By
Dana Staples, Staples Sotheby'sInternational

Property Description

Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The propertyis across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently openedMahindra Tractor Store. On about 1.66 acres, with about 420' of Hwy road frontage, located within city limits at 2601 State Highway 155,Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Two buildings on the property are in needof total rehab or demolition. Property has potential to operate 1, 2 or 3 commercial concerns. Must see for all potential. In addition, theadjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315. Buildings on lot are not in good condition.

Financing Detais

Listing Price
$250,000
Interest Rate
6.25%
Tax Rate
2.75%
Est Closing
$16,275
Financed
$239,648
Estimated Monthly Payment
$2,112

2601 State Highway 155 on the Map

Schools & Great School Ratings


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