2400 S Business 45 Corsicana, TX 75110
COMMERCIAL - Corsicana, TX
Property Features for 2400 S Business 45
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- APN
- 50483
- Lot size
- 3.51 Acres
Taxes and HOA fees
- Tax Description
- C0000 CORSICANA BLK 1362 LOT 1 3.507 ACRES
- Tax Annual Amount
- 5464
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agent Robert Blaase License #0393397 (903) 887-7055
Listing office Coldwell Banker American Dream Gun Barrel City, TX (903) 887-7055
Listing date Feb 28, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Corsicana, TX in Navarro County, the site benefits from an industrial setting with nearby warehouses and other sizable buildings. The surrounding development helps reinforce the property’s practical visibility and tenant fit within the local industrial district. The parcel size offers room associated with an industrial property footprint, while the existing lease structure simplifies the path to ownership.
For buyers, this offering can be a strong fit for those pursuing a long-term industrial hold strategy with in-place rental income. For tenants and operators evaluating the broader market, the property’s location among other industrial buildings aligns with typical warehouse demand and day-to-day business use. Whether you’re expanding an investment portfolio or underwriting a market-stable industrial asset, the combination of building size, acreage, and current long-term tenancy provides a clear, commercially relevant foundation.
Key Highlights
- 24,000+ SF industrial facility on 3.507 acres in Corsicana’s industrial district
- Long‑term lease with a vending company
- Metal roof and metal siding construction
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $241.9k | $10.08 |
| − Vacancy | −$22.0k | −$0.92 |
| EGI | $219.9k | $9.16 |
| − OpEx | −$66.0k | −$2.75 |
| NOI | $153.9k | $6.41 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Corsicana Climate Storage — 210 S 12th St, Corsicana, TX 75110
- Ideal Self Storage - Corsicana 12th — 212 S 12th St, Corsicana, TX 75110
