3215 Oak StPalestine, TX 75801

For Lease
$10/SF/YR View listing
  • Commercial real estate
  • 22,868 SF

Property Details for 3215 Oak St

Year built
1965
Lot size
3.34 AC
Property size (Sq ft)
22,868 SF
Property type
Commercial real estate
APN
R14179
APU
R14179

Description

This impressive 33,900 square foot commercial building, situated on a 3.342-acre lot with 495 feet of US Highway 79/84 frontage, presents a unique investment opportunity. Currently offering multiple suites ranging from 1,500 to 5,700 square feet of leasable space, with 5,700 square feet currently vacant. The property includes a large former fitness area (approximately 12,000 square feet) and approximately 10,000 square feet of warehouse space featuring 20-foot ceilings and two loading docks. The building, constructed in 1965, is zoned commercial and allows for flexible tenancy, accommodating single or multiple tenants. Some interior spaces are unfinished, providing build-to-suit options for potential tenants. The landlord is open to build-to-suit arrangements. This location boasts excellent visibility and accessibility, with ample parking, making it ideal for a variety of businesses. The property's versatile layout and prime highway location offer significant potential for growth and profitability. Contact for viewing and pricing details.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,195,464
    Hospitality
    $6,591,006
    Educational
    $5,483,640
    Medical
    $5,672,230
    Retail
    $8,530,106
3215 Oak St, Palestine, Texas

Location Insight

City
Palestine
County
Anderson
State
Texas
Latitude
31.7377
Longitude
-95.6652
CBSA code
37300
CBSA name
PALESTINE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,429
$196,530
$43,532
$240,062
-
$196,530
$43,532
$240,062

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