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    300 N 45Th St Corsicana, TX 75110

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    For Sale
    $1,600,000

    Multifamily zoned land suitable for 400+ units in Corsicana.

    Property size:
    15 SF
    Lot size:
    15.65 Acres

    Property Features for 300 N 45Th St

    General Information

    Size
    15 SF
    Lot size
    15.65 Acres
    Source: Svntrinity

    Listing Agent: Wayne Burgdorf, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land in Corsicana, TX

    This 15-acre property is zoned for multifamily use and is suitable for the development of over 400 units. The site is located in Corsicana, the county seat of Navarro County, which is 50 miles southeast of Dallas. According to consultants and a 2017 Housing Study posted on the city website, there is a housing shortage in the area. The property is located in a Qualified Census Tract (QCT).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.505977
    Latitude
    32.074651

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    FAQs

    What type of property is this?
    Land - Multifamily zoned land suitable for 400+ units in Corsicana.
    Where is this land located?
    The property is located at 300 N 45Th St Corsicana, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Zoned for multi-family development, **suitable for 400+ units**.; - Located in a Qualified Census Tract (QCT).; - Located in Corsicana, Navarro County, 50 miles SE of Dallas.
    (817) 288-5556
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    300 N 45Th St Corsicana, TX 75110
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    Corsicana, TX 75110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 N 45Th St Corsicana, TX 75110
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