10411 Us Highway 79Palestine, TX 75801

Property Details for 10411 Us Highway 79

Lot size

2.02 AC

Property size (Sq ft)

11,576 SF

Property type

Commercial real estate

APN

R17289

APU

R17289

Description

This exceptional investment opportunity presents a well-constructed 10,576 square foot warehouse building situated on a 2.02-acre lot. The property enjoys a prime location on heavily traveled US Highway 79, just south of Palestine, Texas, ensuring high visibility and accessibility. Currently occupied by a woodworking and cabinet shop operating under a month-to-month lease, providing immediate cash flow. The tenant is expected to renew their lease, either before or after the sale, offering continued rental income for the new owner. The building itself is solidly constructed and well-maintained. All essential utilities are readily available on-site, simplifying operations and reducing potential setup costs. Furthermore, the property benefits from the recent installation of fiber-optic cable, providing access to high-speed internet—a crucial asset for modern businesses. This combination of a strong tenant, desirable location, and modern infrastructure makes this warehouse a compelling investment prospect with significant potential for future growth and return. The property's size and location make it suitable for a variety of commercial uses, offering flexibility for the new owner. This is a rare opportunity to acquire a well-established commercial property in a thriving area.

• Alternative Use

  Use

  Valuation

  Residential

  $3,642,412

  Hospitality

  $3,336,430

  Educational

  $2,775,871

  Medical

  $2,871,337

  Retail

  $4,318,021

Location Insight

City

Palestine

County

Anderson

State

Texas

Latitude

31.675

Longitude

-95.7466

CBSA code

37300

CBSA name

PALESTINE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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