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INVESTMENT HIGHLIGHTS
- Heavy US Hwy traffic
- Mixed Use, ready for development
- Undeveloped Corner lot
EXECUTIVE SUMMARY
Discover exceptional potential with this 8.45-acre commercial corner tract ideally located just south of the Palestine, Texas city limits. Positioned along a high-visibility corridor of US Hwy 79/84 with easy access to major routes, this undeveloped parcel offers endless possibilities for your next business venture.
The property’s expansive acreage and strategic corner location make it perfect for a variety of commercial uses — from retail centers, service businesses, and restaurants to storage facilities, distribution, or light industrial development. With utilities nearby and a growing local economy, this site is ready for transformation to meet the needs of the region’s expanding population and traffic flow.
Benefit from excellent frontage and exposure, ensuring maximum visibility and accessibility for customers and clients. Its proximity to Palestine’s established commercial areas provides both convenience and opportunity, while being just outside the city limits allows flexibility in development and potential tax advantages.
Whether you’re an investor seeking long-term appreciation or a developer ready to build, this property represents a rare opportunity to secure a substantial tract in a thriving East Texas market.
Key Features:
8.45 acres of level, undeveloped commercial land
Corner lot with high traffic visibility
Located just south of Palestine city limits
Ideal for retail, service, industrial, or mixed-use projects
Utilities available nearby
Convenient access to major highways and local amenities
Unlock the potential of this prime commercial site — a blank canvas ready for your vision in one of East Texas’s most promising growth corridors.
The property’s expansive acreage and strategic corner location make it perfect for a variety of commercial uses — from retail centers, service businesses, and restaurants to storage facilities, distribution, or light industrial development. With utilities nearby and a growing local economy, this site is ready for transformation to meet the needs of the region’s expanding population and traffic flow.
Benefit from excellent frontage and exposure, ensuring maximum visibility and accessibility for customers and clients. Its proximity to Palestine’s established commercial areas provides both convenience and opportunity, while being just outside the city limits allows flexibility in development and potential tax advantages.
Whether you’re an investor seeking long-term appreciation or a developer ready to build, this property represents a rare opportunity to secure a substantial tract in a thriving East Texas market.
Key Features:
8.45 acres of level, undeveloped commercial land
Corner lot with high traffic visibility
Located just south of Palestine city limits
Ideal for retail, service, industrial, or mixed-use projects
Utilities available nearby
Convenient access to major highways and local amenities
Unlock the potential of this prime commercial site — a blank canvas ready for your vision in one of East Texas’s most promising growth corridors.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS Under Contract
| Price | $470,000 | Proposed Use | Commercial |
| Sale Type | Investment | Total Lot Size | 8.45 AC |
| No. Lots | 1 | Cross Streets | FM 645 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Commercial - Commercial | ||
| Price | $470,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 8.45 AC |
| Cross Streets | FM 645 |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
1 LOT AVAILABLE
Lot
| Price | $470,000 | Lot Size | 8.45 AC |
| Price Per AC | $55,621.30 |
| Price | $470,000 |
| Price Per AC | $55,621.30 |
| Lot Size | 8.45 AC |
Vacant Triangular 8.45-Acre Corner Lot on US Hwy 79 in Palestine, TX
DESCRIPTION
Vacant Triangular 8.45-acre Corner Lot on US Hwy 79 in Palestine, TX
PROPERTY TAXES
| Parcel Number | R66949 | Total Assessment | $1,460 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
R66949
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$1,460 (2024)
Annual Taxes
($1)
Tax Year
2025 Payable 2025
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9200 U.S. 79 Hwy
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