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$ 595,000
Est. payment /mo
Active
6175 Loop 256 Palestine, TX 75801
19.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial Building/Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 26006451
Lot Size 19.430 Acres
Acres 19.43
Lot Dimensions Irregular
Property Sub-Type Land
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.
Location
State TX
County Anderson
Area Anderson
Zoning Commercial
Exterior
View Y/N No
Listed by Ray Verhey • Staples Commercial Group, LLC
NEARBY SCHOOL & BUSINESS
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