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103 Wesley Drive | 20233398 | Allie Beth Allman & Associates
Listing provided courtesy of Staples Commercial Group, LLC - MLS#20233398MLS Provider

103 Wesley Drive

Palestine, TX 75801
Commercial · 2,094 Sq. ft. | 1.55 Acres

$950,000 Pending


Time on Site:
141 days

This is one of the only properties available right in the Heart of the Growing area of Palestine, TX. Across Loop 256 from Walmart,Brookshires, Walgreens, Applebee's and in line on the same side of the Loop with Hobby Lobby, Tractor Supply Co, Chili's, McDonalds,Starbucks, Panda Express and more. So if you are looking for a great opportunity to build your new business along side other Nationalbusinesses then this is the place for you. Seller currently lives in the home on the property, it's actually in very good condition, butunderstands that the Highest and Best use for this property would be commercial use. So no real value was figured into the price for thehome. All of the 1.55 acre property is zoned HC-Highway Commercial by the city, this allows for a lot of different types of uses so checkwith the City of Palestine or there website. If you go to there website, just click on the search bar and type Zoning Ordinance (PDF) andscroll to the HC zoning informatio

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Facts & Features

  • Type Commercial
  • Sq. ft. 2,094
  • Price/Sq.ft. $453
  • Lot 1.55 Acres


  • Net Operating Income: 0
Building Information
  • Year Built: 1977
  • Year Built Details: Preowned
Business Information
  • Business Type: Hotel/Motel, Professional Office, Restaurant, Retail
  • Country: United States
  • Subdivision Name: Mcfarlane Estates #3
  • County Or Parish: Anderson
Rent/Lease Information
  • Tenant Pays: Other
General Information
  • Inclusions: Building Only, Land Only
  • Building Use: Office, Office/Warehouse, Restaurant, Retail
  • Parcel Number: R33403
  • Property Type: Commercial Sale
  • Multi Zoning YN: No
  • Property Sub Type: Retail
  • Second Mortgage Y/N: No
  • Special Listing Conditions: Standard
  • Municipal Utility District Y/N: Yes


Building Information
  • SQFT Gross: 2754
  • Accessibility Features YN: No
Building Interior
  • Ceiling Height: Other
  • Building Area Source: Assessor
  • Building Area Total: 2094.00
General Information
  • Cooling: Electric
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Heating: Electric
  • Foundation Details: Slab
  • Stories Total: 1


Parking Information
  • Parking Features: Concrete, Driveway
Lot Information
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.5500
  • Lot Size Area: 1.5500
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 67518.0000
Building Exterior/Construction
  • Roof: Shingle
  • Construction Materials: Brick, Wood
General Information
  • Utilities: City Sewer, City Water
  • Number Of Units Total: 1

Monthly Cost

$ %
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

Median Sales Price
Median Price per Square Foot
Properties Sold
New on Market
Average Days on Market
Properties for Sale
Calculations provided by Reliance Network


Date Event Value
4/3/2023Source: Tyler Texas MLS Status Change
$0 -100.0%
4/3/2023Source: North Texas MLS Status Change
1/24/2023Source: North Texas MLS Status Change
Active Option Contract
1/6/2023Source: North Texas MLS Added to Database
January 06, 2023