Property Details:
- County or Parish
- Anderson
- Lot Size
- 10 to < 50 Acres
- Lot Size (Acres)
- 19.4300
- Lot Size Area
- 19.4300
- Lot Size (Square Feet)
- 846370.8000
- Zoning Description
- Commercial
Interior Information:
- Stories Total
- 1
Exterior Information:
- Lot Features
- Corner Lot,Leasehold
- Lot Size
- 10 to < 50 Acres
- Acres
- 19.4300
- Waterfront
- No
Commercial Info:
- Building Area Total
- 0.00
- Building Use
- Other
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21272226
6175 Loop 256
Palestine, Texas
$595,000
Sign in to save to favorites
Type: Commercial Sale
Year Built: 9999
Remarks: 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.
Active
Listed by: Ray Ver Hey
Back to Search
Ask about this property
Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321