5500 W Oak, Palestine, TX 75801 – Commercial Improved Land

CommercialYear Built 2015Total Assessed Value $866,357County Anderson

Property Details

The Commercial property 5500 W Oak, Palestine, TX 75801 is located in Anderson County. The specific property type is Commercial Improved Land. The total assessed value of this property is $866,357.

The gross building area is 18,585 square feet and the land area is 112,777 square feet for this Commercial Improved Land built in 2015.

Legal description: A0020 Ewing, Edley Block 1188 Tract 3E, 3J & 8 (Eta Global Addn)

$866,357

Market Value

N/A

Cap Rate

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NOI

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Occupancy

Avg Rent

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area18,585

Land Size112,777

Land Value$197,359

Improved Value$668,998

Total Assessed Value$866,357

Year Built2015

County NameAnderson

Account NumberR67678

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

2/6/2024

Arms-lengthNot Disclosed

Buyer

Mesjas Realty Llc

Seller

Etaglobal Llc

Book Number

2024.533

Recording Date

2/6/2024

Transaction Details

Mesjas Realty Llc acquired the property from Etaglobal Llc through a Arms-length transaction on 2/6/2024 for .

12/17/2012

Arms-length$413,400

Buyer

Eta Global Inc

Seller

Russell H D

Book Number

2013.95

Recording Date

12/17/2012

Transaction Details

Eta Global Inc acquired the property from Russell H D through a Arms-length transaction on 12/17/2012 for $413,400.

Property constructed in 2015

YSale Price (USD) byXSales Year

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Mortgage History

6/18/2021

Helocs both purchase money and non purchase money helocs$3,900,000

Borrower

Etaglobal Llc

Lender

Byline Bank

Book Number

2021.4156

Recording Date

6/18/2021

Transaction Details

Etaglobal Llc borrowed the property from Byline Bank through a Helocs both purchase money and non purchase money helocs transaction on 6/18/2021 for $3,900,000.

3/31/2016

Sale$450,000

Borrower

Eta Global Inc

Lender

Citizens National Bank

Book Number

201601981

Recording Date

3/31/2016

Transaction Details

Eta Global Inc borrowed the property from Citizens National Bank through a transaction on 3/31/2016 for $450,000.

Property constructed in 2015

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$197,359	$725,588	$720,000	$922,947	Mesjas Realty Llc	400 N Queen Street S...	A0020 Ewing, Edley B...	W1C	A0020	112,777	22,335
2024	$197,359	$668,998	$866,357	$866,357	Mesjas Realty Llc	400 N Queen Street S...	A0020 Ewing, Edley B...	W1C	OTHER	112,777	18,585
2023	$197,359	$668,998	$866,357	$866,357	Etal Global Llc	400 N Queen St	SUBD:EDLEY EWING SUR...	W1C	EDLEY EWING SURVEY A...	112,777	18,585
2022	$107,138	$532,689	$639,827	$639,827	Etal Global Llc	150 Newport Avenue E...	A0020 Ewing, Edley B...	335	Edley Ewing Survey A...	112,777	18,585
2021	$107,138	$532,689	$639,827	$639,827	Etal Global Llc	150 Newport Avenue E...	A0020 EWING, EDLEY B...	-	EDLEY EWING SURVEY A...	112,777	18,585
2020	-	-	-	-	Eta Global Inc	Po Box 259	A0020 EWING, EDLEY B...	W1C	EDLEY EWING SURVEY A...	112,777	18,585
2019	$41,424	$532,689	$574,113	$574,113	Eta Global Inc	Po Box 259	A0020 EWING, EDLEY B...	W1C	EDLEY EWING SURVEY A...	112,777	18,585
2018	$21,748	$532,689	$554,437	$554,437	Eta Global Inc	Po Box 259	A0020 EWING, EDLEY B...	W1C	EDLEY EWING SURVEY A...	112,777	18,585
2017	$21,748	$522,037	$543,785	$543,785	Eta Global Inc	Po Box 259	A0020 EWING, EDLEY B...	W1C	EDLEY EWING SURVEY A...	112,777	18,585
2016	$18,123	$369,810	$387,933	$387,933	Eta Global Inc	Po Box 259	A0020 EWING, EDLEY B...	W1C	EDLEY EWING SURVEY A...	112,777	18,585

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5500 W Oak, Palestine, TX 75801	R67678	Commercial	Commercial Improved Land	Mesjas Realty Llc	Anderson	-	$ 413,400	2012-12-17	$ 22.24	2015	18,585	-
10411 S Us Highway 79, Palestine, TX 75801	R17289	Commercial	Commercial Improved Land	Brown Mitch	Anderson	3.5	$ 391,552	2025-04-16	$ 32.89	2005	11,906	-
105 Grandberry St, Palestine, TX 75801	R34495	Commercial	Commercial Improved Land	William George Realty Co	Anderson	5.7	$ 266,000	2025-05-15	$ 19.60	1993	13,570	-
306 N Perry St, Palestine, TX 75801	R45095	Commercial	Commercial Improved Land	Dcg Palestine Llc	Anderson	5.9	$ 365,750	2024-02-21	$ 38.25	1987	9,561	-
Main St, Jewett, TX 75846	05500-11500-00000-000000	Commercial	Commercial Improved Land	Town & Country Llc	Leon	35.8	$ 864,500	2023-12-18	$ 144.57	1985	5,980	-
100 Fm 709 N, Dawson, TX 76639	120803	Commercial	Commercial Improved Land	4 Gill Investments Llc	Navarro	61.1	$ 931,000	2024-08-08	$ 25.37	2024	36,694	-
2508 W 7th Ave, Corsicana, TX 75110	33030	Commercial	Commercial Improved Land	Fordtex Corsicana	Navarro	52.8	$ 814,625	2025-12-01	$ 18.08	2005	45,068	1
221 S 45th St, Corsicana, TX 75110	63138	Commercial	Commercial Improved Land	Ma & Lord Management Llc	Navarro	53.1	$ 997,500	2024-02-07	$ 31.03	2007	32,143	1
9230 Hwy6 Loop S, Navasota, TX 77868	R69605	Commercial	Commercial Improved Land	Hometech Industries Inc	Grimes	94.4	$ 798,000	2024-09-26	$ 99.75	2007	8,000	-
102 W Johnson St, Navasota, TX 77868	R14389	Commercial	Commercial Improved Land	Baroval Holdings Llc	Grimes	95.0	$ 538,650	2024-05-06	$ 62.76	1994	8,583	-
1310 Spur 515, Navasota, TX 77868	R20094	Commercial	Commercial Improved Land	Cunneen Anthony J & Amanda E	Grimes	95.4	$ 776,499	2025-07-16	$ 103.53	1990	7,500	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5500 W Oak, Palestine, TX 75801	—	-	112,777	2015	18,585	$ 866,357	$ 197,359	-
Commercial Bank Of Texas Na	400 Mcneil St, Palestine, TX 75801	07/17/2025	$ 175,000	172,018	1900	8,809	$ 109,233	$ 77,408
Bank Of America Na	511 Brookhollow Dr, Palestine, TX 75801	05/31/2025	$ 100,000	39,465	1977	1,832	$ 220,355	$ 23,679
Commercial Bank Of Texas Na	106 N Houston St, Palestine, TX 75801	05/29/2025	$ 200,000	6,573	0	1,452	$ 135,582	$ 23,239	Mis Cuatro Amores Llc
American Bank Of Commerce	512 N John St, Palestine, TX 75801	05/27/2025	$ 667,755	55,901	1918	31,770	$ 545,271	$ 115,819	512 N John Llc
Austin Bank Texas Na	107 Ferguson Rd, Palestine, TX 75803	05/19/2025	$ 84,000	14,520	2004	1,200	$ 107,132	$ 29,948	Bounds Rentals Llc
Austin Bank Texas Na	105 Grandberry St, Palestine, TX 75801	05/15/2025	$ 200,000	42,223	1993	13,570	$ 439,320	$ 116,117
American Bank Of Commerce	512 N John St, Palestine, TX 75801	04/01/2025	$ 1,000,000	55,901	1918	31,770	$ 545,271	$ 115,819	512 N John Llc
Dogwood State Bank	3913 W Oak, Palestine, TX 75801	03/31/2025	$ 1,410,000	11,499	1900	3,600	$ 211,603	$ 31,622	Looney Bin Properties Llc
T Bank National Association	1717 W Palestine Ave, Palestine, TX 75801	02/14/2025	$ 1,982,700	25,120	1968	2,811	$ 360,819	$ 69,080
Commercial Bank Of Texas Na	205 N Church St, Palestine, TX 75801	02/14/2025	$ 14,179	3,600	1988	2,000	$ 116,680	$ 9,900	Printing By Michael Inc

Mean$ 1,456,335

Median$ 187,500.0

Loan Amount Range$ 14,179 - $ 25,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5500 W OAK ST, PALESTINE, TX 75801-2101	ETA GLOBAL INC	9037293131	AIRCRAFT EQUIPMENT PARTS & SUPPLIES
5500 W OAK ST, PALESTINE, TX 75801-2101	ETA INDUSTRIES	9037235384	MANUFACTURERS

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License Details

This details prefers to stay low-key.

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