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155 N State Highway 155 3.24 Acres of Commercial Land in Palestine, TX 75801

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INVESTMENT HIGHLIGHTS

  • Corner Site
  • Prime C-Store Site
  • Income Generating

EXECUTIVE SUMMARY

3.24-acre development corner on the SW corner of Loop 256 and Hwy 155 S. NW and NE corner of intersection are in flood plain making it difficult for future competition.
IMST report completed in 2021 forecasts approximately $140,000 in inside sales and almost 94,000 in fuel volume per month. IMST report available upon request.
Billboard on property paying $1200 per year. No contract, can be renegotiated.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Tienda de conveniencia
  • Drugstore
  • General Freestanding
  • Hold For Investment
  • Hotel
  • Motel
  • Neighbourhood Centre
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
Total Lot Size 3.24 AC
Zoning C-3 - C-3

1 LOT AVAILABLE

Lot

Lot Size 3.24 AC

3.24 acre site located on the SW corner of Loop 256 and Hwy 155 South.

DESCRIPTION

Excellent 3.24-acre development corner located at the SW corner of Loop 256 and Hwy 155 S, offering prime visibility and access. With the NW and NE corners in flood plain, this site presents a rare competitive edge for future commercial development. An IMST feasibility report (2021) projects strong performance with approximately $140,000/month in inside sales and nearly 94,000 gallons/month in fuel volume. Report available upon request. Additional income from a billboard lease at $1,200/year (no formal contract—negotiable). A high-potential investment opportunity with strong fundamentals and strategic location.

  • Listing ID: 23970219

  • Date on Market: 2021-08-24

  • Last Updated:

  • Address: 155 N State Highway 155, Palestine, TX 75801

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