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For Sale

Hwy 155 S

Hwy 155 S,
Palestine, TX 75803
Represented by
Scarborough Commercial Real Estate

Asset Snapshot

3.24 Acres
Land Area

Offering Summary

Investment Overview

3.24-acre development corner on the SW corner of Loop 256 and Hwy 155 S in Palestine TX. NW and NE corner of intersection are in flood plain making it difficult for future competition. IMST report done in 2021 forecasts approximately $140,000 in inside sales and almost 94,000 in fuel volume per month. Billboard on property paying $1200 per year. No contract, can be renegotiated. NE and NW corner are in flood plain and floodway so little to no chance for future competition.


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Listing Syndicated From

Buildout
For Sale
$750,000
Asking Price

Investment Sales Broker

SS
Samuel Scarborough
Scarborough Commercial Real Estate