4210 S Loop 256, Lot 30
Palestine, TX 75801

This is a great Multifamily property located just off of Loop 256 in a very popular area of town that is growing quickly. With 535' of frontage on Variah Road this is a great location for a Multifamily development. This 30 acres is mostly flat, with some sloping areas, some dirt work may be required, but very usable land, creek for drainage runs along side of it some areas could be used for dirt to help level out sloping land and direct surface drainage to the creek on the side, additional adjoining land available. Multi-family Land: 30 acres at 0.275 psf = $360,000 total. The total property is 63 acres, we are listing an additional adjoining 12 acres priced for Commercial Use and an additional adjoining 20 acres priced for Residential use. See attached photos for details. This property would be best suited for Multifamily type use, but is zoned I-2 General Industrial so it could be used for just about any type of business including Industrial Warehousing, Industrial Park, Office Warehousing, etc. Check with the city for verification of your business plans.