2400 S Business 45, Corsicana, TX 75110
24,000+ SF industrial facility on 3.5 acres in Corsicana.
- Added:
- Apr 22, 2026
- Days on Market:
- 61
- Last Refresh:
- Apr 22 at 5:20 pm
Property Features for 2400 S Business 45
General Information
- Standard status
- Active
- Size
- 24,860 SF
- Lot size
- 3.51 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agent Robert Blaase
Listing office Coldwell Banker American Dream
Listing date Apr 22, 2026
Source Signaturere
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker American Dream
HighLights
- Long‑term lease in place with a vending company, providing immediate income.
- Located in a thriving industrial district of Corsicana.
- Large industrial facility with 24,000+ square feet of space.
- Sits on a substantial 3.507‑acre lot.
- Surrounded by other large industrial buildings.
- Built in 1982.
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Corsicana
- County
- Navarro
- State
- Texas
- Longitude
- -96.455446
- Latitude
- 32.071622
