2400 S Business 45 Corsicana, TX 75110
COMMERCIAL - Corsicana, TX
- Added:
- Feb 11, 2025
- Days on Market:
- 515
- Last Refresh:
- Jul 11 at 9:06 pm
Property Features for 2400 S Business 45
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm.
- Standard status
- Active
- APN
- C0000.00.13620.001.00.0
- Size
- 24,860 SF
- Lot size
- 3.51 Acres
Taxes and HOA fees
- Tax Description
- Acres: 3.507, Block 1362, Lot 1, Corsicana
Building Details
- Year built
- 1982
Listing agent Robert Blaase License #0393397 (214) 803-2289
Listing office Coldwell Banker American Dream Realty 600 West Main St., Gun Barrel City, TX (903) 887-7055
Listing date Feb 11, 2025
Copyright © 2026 Henderson County Board of REALTORS®. 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.
Key Highlights
- 24,000+ SF Industrial Facility
- Located on 3.507 Acres
- Situated in Corsicana's Thriving Industrial District
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 | $250.6k | $10.08 |
| − Vacancy | −$22.8k | −$0.92 |
| EGI | $227.8k | $9.16 |
| − OpEx | −$68.3k | −$2.75 |
| NOI | $159.4k | $6.41 |
