6175 Loop 256, Palestine, TX 75801
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Leslie Cain

Leslie Cain

Leslie Cain Realty

+1(903) 520-7696
$595,000
Est. payment /mo
19.43 Acres Lot
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Key Details

Property Type Vacant Land, Commercial

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

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Greater Tyler MLS (GTARMLS)
Listed by Ray Verhey • Staples Commercial Group, LLC

Nearby School & Business

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Leslie Cain

Leslie Cain

+1(903) 520-7696

Broker/Owner | License ID: 0606000

Broker/Owner License ID: 0606000

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