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Firm: Drake Real Estate & Investments

5210 S Us Hwy 79
Palestine, Tx 75803

Price: $335,000
Property Type: commercial_industrial
MLS #: 26001571
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.
Area: Anderson
Bedrooms: None
Bathrooms: None
Acres: 27.674

Courtesy: Caruthers, Jeremy • Drake Real Estate & Investments • 903-581-3737

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

This content last refreshed on 03/22/2026 09:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.