Description
27± Acres Commercial Opportunity offering approximately 2,000 feet of high-visibility along heavily traveled US Highway 79/84 in Palestine. With strong frontage, excellent access, and surrounding growth, this tract is ideally positioned for retail, warehouse, mixed-use, multifamily, or residential development. The property is rectangular, elevated with attractive topography, and minimal floodplain. Approximately 20% is cleared and level, providing an immediate build site, while the balance features mature timber and elevated terrain that allows flexibility for phased development or future expansion. The tract currently benefits from a timber exemption, helping reduce holding costs prior to development. A concrete entry drive is already in place for easy access, and improvements include a 288 SF building with electricity, ideal for storage or use as a construction or project office during development. Most of the property lies within the City of Palestine limits, with water and sewer utilities available, supporting a wide range of commercial or higher-density uses. A small portion on the northeast boundary is located within the FEMA flood zone. Located in Westwood ISD and surrounded by expanding activity, this corridor continues to see strong growth and investment, making this a strategic site for long-term appreciation and immediate development potential.
School Ratings & Info
Description
27± Acres Commercial Opportunity offering approximately 2,000 feet of high-visibility along heavily traveled US Highway 79/84 in Palestine. With strong frontage, excellent access, and surrounding growth, this tract is ideally positioned for retail, warehouse, mixed-use, multifamily, or residential development. The property is rectangular, elevated with attractive topography, and minimal floodplain. Approximately 20% is cleared and level, providing an immediate build site, while the balance features mature timber and elevated terrain that allows flexibility for phased development or future expansion. The tract currently benefits from a timber exemption, helping reduce holding costs prior to development. A concrete entry drive is already in place for easy access, and improvements include a 288 SF building with electricity, ideal for storage or use as a construction or project office during development. Most of the property lies within the City of Palestine limits, with water and sewer utilities available, supporting a wide range of commercial or higher-density uses. A small portion on the northeast boundary is located within the FEMA flood zone. Located in Westwood ISD and surrounded by expanding activity, this corridor continues to see strong growth and investment, making this a strategic site for long-term appreciation and immediate development potential.
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Listing provided courtesy of Jeremy Caruthers of Drake Real Estate & Investments: 903-581-3737. Listing information © 2026 Greater Tyler Association of REALTORS® Multiple Listing Service.