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600 Turner Dr

4,800 SF Industrial Building Palestine, TX 75803 £118,350 (£25/SF)

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Investment Highlights

4800sf Office/Residence building
Just north of Loop 256, Palestine, TX
Inside City of Palestine limits

Highly accessible to Texas State Highway 155
Prime Residential Development Property
1800sf Storage building with five 12'x30' Units

Executive Summary

Multi-functional building 4800sf. Office area needs some roof repairs and office space remodel. Warehouse portion is clean with 2 High garage doors. Storage building on property is about 1800sf, with five units, approximately 12'x30'. Some of the entry doors need repair or replacement. The property is zoned UR-Urban Residential (see documents) which allows specific commercial uses. The adjoining church property is also for sale under a separate listing at 201 Ragland, which includes the open lot in front of the Office/Warehouse building. Presently, sewer is conventional septic. Seller has estimate from city services for cost of sewer connection.

Palestine - Land Use Chart

600 Turner - OnSiteSewer

600 Turner - PropCond

Property Facts

Price	£118,350	Lot Size	0.80 AC
Price Per SF	£25	Rentable Building Area	4,800 SF
Sale Type	Owner User	Number of Floors	1
Property Type	Industrial	Year Built	1973
Property Subtype	Warehouse Daycare Centre Office Office Residential	Tenancy	Single
Building Class	C	Level Access Doors	2

Price	£118,350
Price Per SF	£25
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Daycare Centre Office Office Residential
Building Class	C
Lot Size	0.80 AC
Rentable Building Area	4,800 SF
Number of Floors	1
Year Built	1973
Tenancy	Single
Level Access Doors	2

Amenities

Storage Space

Water - City
Sewer - Septic Field
Heating - Electric

PROPERTY TAXES

Parcel Number	R18063	Improvements Assessment	£32,292
Land Assessment	£41,192	Total Assessment	£73,484

PROPERTY TAXES

Parcel Number

R18063

Land Assessment

£41,192

Improvements Assessment

£32,292

Total Assessment

£73,484

zoning

Zoning Code	UR-Urban Residential (Urban Residential - Day Care, Religious Facility, Family Group Support Homes, Child Protective Housing, Townhomes, Duplexes, Government Building, Park)
UR-Urban Residential (Urban Residential - Day Care, Religious Facility, Family Group Support Homes, Child Protective Housing, Townhomes, Duplexes, Government Building, Park)