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600 Turner Dr 4,800 SF Industrial Building Palestine, TX 75803 $150,000 ($31.25/SF)

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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

Price $150,000
Price Per SF $31.25
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Daycare Center
  • Office Office Residential
Building Class C
Lot Size 0.80 AC
Rentable Building Area 4,800 SF
No. Stories 1
Year Built 1973
Tenancy Single
No. Drive In / Grade-Level Doors 2
Zoning UR-Urban Residential - Urban Residential - Day Care, Religious Facility, Family Group Support Homes, Child Protective Housing, Townhomes, Duplexes, Government Building, Park

AMENITIES

  • Storage Space

UTILITIES

  • Water - City
  • Sewer - Septic Field
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R18063
Land Assessment
$52,141
Improvements Assessment
$40,875
Total Assessment
$93,016
  • Listing ID: 30296714

  • Date on Market: 12/6/2023

  • Last Updated:

  • Address: 600 Turner Dr, Palestine, TX 75803

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