601 45th St Corsicana, TX 75110-3892
This exceptional 20,840-square-foot facility, situated on approximately 5 acres in a rapidly developing area of Corsicana, Texas, presents a unique investment opportunity. Ideally located near I-45 and I-35, this state-of-the-art venue is perfect for a wide array of events, boasting advanced audio-visual equipment, a spacious stage, and a fully equipped catering kitchen. The main hall comfortably accommodates up to 800 guests, complemented by two large breakout rooms and three additional sizable meeting rooms. The property also includes a ticket office, building office, and separate men's and women's restrooms at both ends of the building. An oversized porte cochГЁre provides ample space for large buses and valet parking. Nine RV hookup slots are also available. All kitchen appliances, tables, chairs, lockers, and desks are included in the sale. The property enjoys a prime location overlooking IOOF Park, offering easy access to nearby amenities such as a high school, football field, baseball park, Navarro College, Navarro Regional Hospital, and a new fire station. The area is experiencing significant growth, with recent openings like Academy Sports + Outdoors and upcoming openings of Hobby Lobby, TJ Maxx, and Ulta. This exceptional property is poised for continued success and future development.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.