Flex Facility with Interstate
New
For Sale
$4,500,000
3151 S Int Hwy 45 E, Corsicana, TX 75110
COMMERCIAL - Corsicana, TX
Property Size6,000 SF
Lot Size19.29 Acres
Price / SF$264.71
Days on Market1
Property Features for 3151 S Int Hwy 45 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Subdivision
Corsicana
Lot features
Acreage
Directions
GPS availble: 3151 I-45 Business, Corsicana, TX 75110
Standard status
Active
APN
52139
Size
17,000 SF
Lot size
19.29 Acres
Taxes and HOA fees
Tax Description
C0000 CORSICANA BLK 1411 THRU 1413 3.762 ACRE
Tax Annual Amount
7597
Legal Description
C0000 CORSICANA BLK 1411 THRU 1413 3.762 ACRE
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
showroom
reception area
offices
shop space
Building Details
Year built
1986
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick, MetalSiding, SteelSiding
Roof type
Metal
Listing Agency:
Keller Williams Lonestar DFW · Keller Williams Realty
(817) 795-2500
Listed By:
Laura Smith · License #370885
(817) 795-2500
Added: Aug 5
Last Checked: Aug 5 at 9:06AM
MLS# 21346856
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.
Investment Insights
Based on property information with market context.
This flex property includes a showroom, front reception area, private offices, and substantial shop space within a commercial facility. The improvements feature concrete flooring, a metal roof, brick and metal exterior components, central heating, central air, and ceiling fans. A parking lot serves the building, with public water and public sewer in place.
The site encompasses 19.288 acres with over 1300 ft of frontage along Interstate 45 in Corsicana. Direct interstate access supports regional connectivity, with the property positioned between Dallas and Houston and within proximity to Waco and Tyler. The surrounding land area provides room for outdoor storage, inventory, equipment, or additional development, subject to applicable approvals.
The site encompasses 19.288 acres with over 1300 ft of frontage along Interstate 45 in Corsicana. Direct interstate access supports regional connectivity, with the property positioned between Dallas and Houston and within proximity to Waco and Tyler. The surrounding land area provides room for outdoor storage, inventory, equipment, or additional development, subject to applicable approvals.
Key Highlights
- 19.288‑acre commercial site with over 1300 ft of Interstate 45 frontage
- Flex facility with showroom, reception area, private offices, and shop space
- Built in 1986 with concrete flooring and a metal roof
Financial Insights For Retail
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 | $424.3k | $24.96 |
| − Vacancy | −$21.2k | −$1.25 |
| EGI | $403.1k | $23.71 |
| − OpEx | −$120.9k | −$7.11 |
| NOI | $282.2k | $16.60 |
17,000 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.03M
$3.53M – $4.70M
NOI $282,173 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$1.56M
$1.36M – $1.82M
NOI $109,036 @ 7.0% cap · market cap 2.42%
Theoretical Best
Multifamily LT 5
$186.76M
$163.42M – $217.89M
NOI $13,073,394 @ 7.0% cap · market cap 290.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Showroom, offices, and shop areas support varied commercial operations.
Where is this flex space located?
The property is located at 3151 S Int Hwy 45 E Corsicana, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 19.288‑acre commercial site with over 1300 ft of Interstate 45 frontage; Flex facility with showroom, reception area, private offices, and shop space; Built in 1986 with concrete flooring and a metal roof
