201 Ragland St - Churches FOR SALE


Palestine, TX 75803
$249,900 USD
903-876-5253
201 Ragland St, Palestine, TX for Sale
$249,900 USD
Churches - FOR SALE
1/49
null | Request Cap Rate

201 Ragland St
Palestine, TX 75803


HIGHLIGHTS

  • Accessible to Major Texas State Hwy 155
  • Within City Limits, Palestine, TX
  • Vacant Adjacent land Available for development
  • Residential Parsonage available separately
  • Office/Warehouse building available separately

OVERVIEW

Once a dedicated church facility, this 5,508 sq ft building, situated on 1.136 acres, presents a versatile opportunity for redevelopment. Boasting an open lot primed for expansion, the property can seamlessly transition into various purposes such as a daycare, senior center, storage facility, multi-family dwelling, or other residential ventures. Its expansive potential extends to the creation of a community playground, enhancing the local environment. With all utilities already in place, the property offers convenience and practicality for diverse applications. Located just a few blocks from State Hwy 155, north of Loop 256 in Palestine, TX, it enjoys strategic positioning for accessibility and visibility. This prime location opens the door to a multitude of possibilities for prospective buyers. Additionally, the seller has other offerings in close proximity, providing a comprehensive real estate opportunity. An office/warehouse building and a residential property, previously utilized as a parsonage, are available for individual purchase on adjacent lots. This diversified selection caters to a range of preferences and business needs. Whether envisioning a vibrant community space, a functional daycare center, or a housing development, this property serves as a canvas for transformation. Its historical connection to a church facility adds character to its potential applications. The nearby presence of major transportation routes enhances its appeal for commercial or residential ventures. seize this chance to contribute to the community's growth and development while exploring the various prospects this property and its adjacent offerings present.

FOR SALE DETAILS

PRICE

$249,900 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Self Storage, Lodge/Meeting Hall, Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

Commercial

APN/PARCEL ID

42027

ASK ABOUT THIS PROPERTY

Steve DemuthStaples Commercial Group, LLCMore Info
903-876-5253

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Steve DemuthStaples Commercial Group, LLCMore Info
903-876-5253

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.