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    2951 Ridgeway Dr Corsicana, TX 75109

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    For Sale
    $599,000

    Turnkey restaurant with drive-thru near I-45 and Hwy 287.

    Property size:
    1,758 SF
    Lot size:
    0.65 Acres

    Property Features for 2951 Ridgeway Dr

    General Information

    Size
    1,758 SF
    Lot size
    0.65 Acres

    Source: Robert Means Agent Robert Means

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

    Overview

    Restaurant Space Near I-45

    This 1,758-square-foot restaurant space is available for purchase at the intersection of I-45 and Hwy 287. The turnkey building includes a drive-thru. This property presents an opportunity for an owner/operator or investor to secure a restaurant location near the rapidly growing Richland Chambers lake community. The surrounding area features a mix of users including Chick-fil-A, Starbucks, Taco Bell, Sonic, Denny's, Wendy's, Schlotzsky's, Whataburger, Hampton Inn, Holiday Inn, and Panda Express.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Hotel & Motel Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.442597
    Latitude
    32.0736

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    FAQs

    What type of property is this?
    Drive through restaurant - Turnkey restaurant with drive-thru near I-45 and Hwy 287.
    Where is this drive through restaurant located?
    The property is located at 2951 Ridgeway Dr Corsicana, TX.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Turnkey QSR/Restaurant with Drive-Thru; - Excellent Interstate Location at I-45/Hwy 287 Intersection; - High-Growth Area Serving Richland Chambers Lake Community
    (903) 594-8880
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    2951 Ridgeway Dr Corsicana, TX 75109
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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
    2951 Ridgeway Dr Corsicana, TX 75109
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