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- LoopNet Team
N Loop 256
Palestine, TX 75803
TR 11 @ 11C N Loop 256 · Land For Sale
·
20.55 AC
INVESTMENT HIGHLIGHTS
- 275' of Loop 256 HWY Frontage
- 10,000 cars pass by daily
PROPERTY FACTS
DESCRIPTION
Great East TX COMMERCIAL and/or RESIDENTIAL acreage for sale! The undeveloped acreage is located inside the city limits on the main Loop 256 around the city of Palestine, with quick access to everything the city has to offer. The bulk of this listing - Tract 11 - is approximately 20 acres and is on the south side (inside) of Loop 256 with road frontage of 275' on Loop 256 and N. Link St. has almost 1,300' of frontage, but the sale does not include the corner lot. The smallest portion of this listing - Tract 11C - is on the north side (outside) of Loop 256. See the Anderson county plat for location of both tracts. The smaller portion of Tract 11 that fronts S side of Loop 256 is zoned commercial; the rest is zoned residential. See associated docs for locations of water/sewer lines. Would be great for a subdivision, senior/over 65 community or multi-family development. Buyer could also petition the city of Palestine for rezoning if desired to potentially make the whole parcel retail/commercial. Great location with tremendous possibilities at a reasonable price!
PROPERTY TAXES
| Parcel Number | R844597 | Improvements Assessment | $0 |
| Land Assessment | $187,863 | Total Assessment | $187,863 |
PROPERTY TAXES
