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INVESTMENT HIGHLIGHTS
- 4800sf Office/Residence building
- Just north of Loop 256, Palestine, TX
- Inside City of Palestine limits
- Highly accessible to Texas State Highway 155
- Prime Residential Development Property
- 1800sf Storage building with five 12'x30' Units
EXECUTIVE SUMMARY
Multi-functional building 4800sf. Office area needs some roof repairs and office space remodel. Warehouse portion is clean with 2 High garage doors. Storage building on property is about 1800sf, with five units, approximately 12'x30'. Some of the entry doors need repair or replacement. The property is zoned UR-Urban Residential (see documents) which allows specific commercial uses. The adjoining church property is also for sale under a separate listing at 201 Ragland, which includes the open lot in front of the Office/Warehouse building. Presently, sewer is conventional septic. Seller has estimate from city services for cost of sewer connection.
PROPERTY FACTS Under Contract
AMENITIES
- Storage Space
UTILITIES
- Water - City
- Sewer - Septic Field
- Heating - Electric
PROPERTY TAXES
| Parcel Number | R18063 | Improvements Assessment | $40,875 |
| Land Assessment | $52,141 | Total Assessment | $93,016 |
PROPERTY TAXES
Parcel Number
R18063
Land Assessment
$52,141
Improvements Assessment
$40,875
Total Assessment
$93,016
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