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Executive Summary
5000 N Loop 256 presents a flexible commercial opportunity in Palestine, Texas, with a land position that
distinguishes it from many small-format commercial assets. Palestine is located in Anderson County and
serves as a regional hub for the surrounding East Texas trade area. The city benefits from its position along
key regional roadways, a stable local customer base, and a mix of retail, service, industrial, and community
oriented demand drivers.
The property includes a 2,342 SF building on approximately 4.35 acres, offering meaningful optionality for
continued use, expansion, outdoor display, storage, or redevelopment. The site benefits from reported traffic
counts of approximately 8,700 vehicles per day on TX 360 and approximately 7,400 vehicles per day on E
Palestine Avenue. Its larger acreage supports a wide range of potential strategies, including retail, service,
automotive, owner user occupancy, or a land-value-driven investment thesis.
From a commercial real estate standpoint, the key advanta
distinguishes it from many small-format commercial assets. Palestine is located in Anderson County and
serves as a regional hub for the surrounding East Texas trade area. The city benefits from its position along
key regional roadways, a stable local customer base, and a mix of retail, service, industrial, and community
oriented demand drivers.
The property includes a 2,342 SF building on approximately 4.35 acres, offering meaningful optionality for
continued use, expansion, outdoor display, storage, or redevelopment. The site benefits from reported traffic
counts of approximately 8,700 vehicles per day on TX 360 and approximately 7,400 vehicles per day on E
Palestine Avenue. Its larger acreage supports a wide range of potential strategies, including retail, service,
automotive, owner user occupancy, or a land-value-driven investment thesis.
From a commercial real estate standpoint, the key advanta
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,342 SF
Building Class
C
Year Built
1997
Price
$1,171,419 CAD
Price Per SF
$500.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.35 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | R832288 | Improvements Assessment | $124,656 CAD |
| Land Assessment | $262,182 CAD | Total Assessment | $386,838 CAD |
Property Taxes
Parcel Number
R832288
Land Assessment
$262,182 CAD
Improvements Assessment
$124,656 CAD
Total Assessment
$386,838 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5000 S Loop 256
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