LOT SIZE 19.430 acres
MLS#21272226
STATUSActive
PROPERTY TYPELand - Commercial
SUBDIVISIONMcDonald
Property Description
Great investment property with credit worthy Tenant. Sale to include 7 year tenant lease with TEXWIN and all additional land. Total purchase is 19.43 acres, Tenant lease 2.5 acres of this. 1.13 acres remains outside of the flood zone and 15.8 acres remains inside of the flood zone. Car count for this property is approximately 12K daily. Tenant lease started on 10.1.25 and ends 2.28.33, plus they have two 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed their own septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the property since Tenant is responsible for the Property Taxes. TEXWIN is a company that sells portable buildings to home owners.
Property Features
Property Type: Land - Commercial
Lot Size: 19.43 Acres
Stories: 1.0
Year Built: 9999
Feature Descriptions
Days on Site: 4
Lot: Corner Lot, Leasehold
Parcel#: R15636
Units: 1
Utilities: City Water, Electricity Available
Listed By / Shown By
Listed By
Agency Name: Staples Commercial Group, LLC
Agency Contact: 903-266-2900
Agent Name: Ray Ver Hey
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 1,497.75 per month $1,324.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $173.54 Homeowner's Insurance
6175 Loop 256 | MLS# 21272226
This land located at 6175 Loop 256 , Palestine, TX 75801 is currently listed for sale with an asking price of $595,000. The property has approximately 19.43 Acres. Search Palestine real estate on www.kellyrealtors.com today.