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412 E Lacy St 5,990 SF Retail Building Palestine, TX 75801 $650,000 ($108.51/SF)

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INVESTMENT HIGHLIGHTS

  • 5,990 SF of building on ±0.81 acres of land
  • Located in the Professional Corridor
  • Corner Lot
  • High traffic

EXECUTIVE SUMMARY

Prime Opportunity at 402 E Lacy Street
An exceptional opportunity to own a stand-alone, Palestine’s most visible and rapidly evolving corridors. 412 E Lacy offers outstanding street presence, strong accessibility, and flexible potential for a wide range of uses. Located one block from the county courthouse.
The property is currently vacant; showcasing a clean, functional layout that can easily accommodate a variety of business operations. The structure provides added protection, visibility, and long-term value, while the adaptable floor plan makes it ideal for medical, office, showroom, creative, or professional services. The current paved parking lot has capacity for approximately 36 vehicles.
With convenient access to major thoroughfares and surrounded by ongoing development and growth, this property is perfectly positioned for an owner-user or investor looking to establish or expand their footprint in a high-traffic area

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Building Size
5,990 SF
Year Built
1982
Price
$650,000
Price Per SF
$108.51
Building Height
1 Story
Building FAR
0.17
Lot Size
0.81 AC

AMENITIES

  • Atrium
  • Corner Lot
  • Drive Thru
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Kroger
Verabank
Prosperity Bank
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R42429
Land Assessment
$97,029
Improvements Assessment
$410,727
Total Assessment
$507,756
  • Listing ID: 38811483

  • Date on Market: 12/17/2025

  • Last Updated:

  • Address: 412 E Lacy St, Palestine, TX 75801

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