Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The propertyis across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently openedMahindra Tractor Store. On about 1.66 acres, with about 420' of Hwy road frontage, located within city limits at 2601 State Highway 155,Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Two buildings on the property are in needof total rehab or demolition. Property has potential to operate 1, 2 or 3 commercial concerns. Must see for all potential. In addition, theadjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315. Buildings on lot are not in good condition.
Property Details
- Cooling
- 1
- Heating
- Other
- Cooling Features
- Other, Window Units
- Lot Features
- Level
- Stories
- 1
- Lot Description
- Level
- Acres
- 0.0
- Square Feet
- 1648.0
- Lot Size (sqft)
- 1.66
- Parking Features
- Open
- Property Type
- Purchase
- Property Subtype Additional
- Office
- Year Built
- 1988
- Foundation
- Other, Pillar Post Pier
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available
- Subdivision
- Norwood Heights City
- County
- Anderson
- Region
- Palestine
- Days on Market (Cumulative)
- 779
- Taxes Annual
- $2,691
- MLS #
- 14538526
- Property Subtype
- Office
- Parcel Number
- R33661
- Date Closed
- August 25, 2023
- MLS #
- 14538526
- Address
- 2601 State Highway 155
Location
Legal
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Last Updated: Sep 3, 2026 5:27 AM. Source: NTREIS
Provided By
Listed by Dana Staples (#0546841), 903-876-1051
Listing Office: Staples Sotheby's Internationa (#UCLP01)
Provided By (Buyer)
Buyer's Agent: Amanda Gadison (#0795687)
Buyer's Office: Keller Williams Dallas Midtown (#KWPC01)
