Technical
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Property profile

0 Northwood Blvd Corsicana, TX 75110

OFF-MARKET
Commercial real estate
28.01 ac lot
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Property summary

AI-generated overview

This exceptional 28.007-acre property in Corsicana, Texas, presents a prime build-to-rent development opportunity. Located within city limits (75110), this fully entitled and shovel-ready site is zoned for 176 multifamily fee simple townhome lots and 16 single-family lots (R-3 zoning), totaling 192 potential units. Engineering and plat updates for townhome lots are currently underway, and all engineering and development documents will be conveyed at closing. The property boasts convenient access to all utilities and is approximately one hour from downtown Dallas. Priced at an attractive $1,900,000 ($9,895 per door/paper lot), this represents a compelling investment opportunity. The seller is motivated, and all offers are encouraged. This fee simple ownership offers significant potential for substantial returns. The land value is $1.56 per square foot. Don't miss this chance to acquire a highly desirable, ready-to-develop tract in a growing Texas market.

Property profile

Verified
Property type Commercial real estate
Lot 28.01 ac (1,219,985 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Northwood Blvd Corsicana, TX 75110
Corsicana metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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