Drive-Through Restaurant
1524 W 7th Avenue, Corsicana, TX 75110
For Sale
$375,000
Under Contract
CommercialSale, Corsicana, TX
Property Size1,256 SF
Lot Size0.43 Acres
Price / SF$298.57
Days on Market126
Property Features for 1524 W 7th Avenue
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Ebby Halliday Realtors
(903) 499-9909
Listed By:
Tammy Carter · License TX #0499606
(972) 772-1369
Added: Jul 11
Changed: Nov 10
Last Checked: Nov 13 at 8:06PM
MLS# 21273735
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1524 W 7th Avenue in Corsicana, this brick restaurant building offers 1,256 square feet on a 0.432-acre parcel. Its service setup includes a drive-through lane and a separate walk-up window. The metal roof was replaced in 2016, and improvements were made to the parking and drive-through areas.
Built in 1984, the property has covered driveway parking and public water and sewer service.
Built in 1984, the property has covered driveway parking and public water and sewer service.
Key Highlights
- 1,256‑square‑foot building on 0.432 acres
- Drive‑through lane and walk‑up service window
- Metal roof replaced in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,337
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,740
$446.7K
Cap Rate 7%
$319,100
$319.1K
Cap Rate 9%
$248,189
$248.2K
Market Conditions
NOI Build-Up for 1,256 SF
Gross rent
$31.3K $24.96/SF
− Vacancy
−$1.6K −$1.25/SF
EGI
$29.8K $23.71/SF
− OpEx
−$7.4K −$5.93/SF
NOI
$22.3K $17.78/SF
Area
Navarro County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,740
Cap Rate 7%
$319,100
Cap Rate 9%
$248,189
Alternative Uses
Best Use
Specialty Retail
$319.1K
$279.2K – $372.3K
NOI $22,337 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.8K
$386.6K – $515.5K
NOI $30,928 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
Demographics for 75110, TX
30,336
Population
11,980
Households
2.5
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
137.5 sq mi
ZIP Area
221
Density / Sq Mi
$53,053
Median Household Income
$29,804
Median Earnings
$1,043
Median Rent
$169,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - A restaurant property with both drive-through and walk-up service windows.
Where is this drive through restaurant located?
The property is located at 1524 W 7th Avenue Corsicana, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,256‑square‑foot building on 0.432 acres; Drive‑through lane and walk‑up service window; Metal roof replaced in 2016
