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    Us-287 Corsicana, TX 75109

    For Sale
    $399,000

    3.51-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.51-acre commercial lot presents a remarkable investment opportunity in Corsicana, Texas. Strategically located at the intersection of US-287 and FM 637 in Navarro County (zip code 75109), this property boasts high visibility and accessibility due to its prime corner location. The land is currently unimproved, offering a blank canvas for development tailored to your specific business needs. Its advantageous position between Corsicana and Mildred ensures a substantial customer base, further enhanced by its adjacency to a newly developed subdivision, promising increased traffic and potential clientele. The property is zoned for commercial use, simplifying the permitting process. Existing infrastructure includes readily available electricity at the roadside, with water infrastructure currently under development. This high-traffic area presents an unparalleled chance to establish a thriving business in a rapidly growing community. The asking price for this exceptional property is $399,000. Don't miss this opportunity to secure a piece of Corsicana's vibrant commercial landscape.

    Property Features for 0 Us-287

    General Information

    Property type
    Investment properties
    Lot Size
    152,896 SF

    HighLights

    • 3.51‑acre commercial lot in Corsicana, TX.
    • High‑visibility corner lot at US‑287 and FM 637.
    • Unimproved land, ready for development.
    • Commercial zoning.
    • $399,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.411351744826
    Latitude
    32.043057866619

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    FAQs

    What type of property is this?
    Investment property - 3.51-acre lot, prime commercial location.
    Where is this investment property located?
    The property is located at Us-287 Corsicana, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 3.51-acre commercial lot in Corsicana, TX.; High-visibility corner lot at US-287 and FM 637.; Unimproved land, ready for development.
    Request Owner's contact information
    Us-287 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
    Us-287 Corsicana, TX 75109
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