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    1705 I-45 Mildred, TX 75109

    For Sale
    Contact for pricing

    34,000 SF Warehouse, 25 Acres, Texas

    Property size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional industrial property, located at 1705 South I-45 East in Corsicana, Texas, presents a unique investment opportunity. The property encompasses a total of 25.43 acres, featuring a modern 34,000 square foot warehouse constructed in 2019. The warehouse sits on a 10.64-acre tract (Lot 17A), offering ample space for operations and potential expansion. An additional 11.793 acres of undeveloped land (Tracts 1, Lots 17 & 15) provides significant future development potential. The property boasts a strategic location, benefiting from high traffic volume with 102,046 vehicles per day passing between I-45 and Highway 287, ensuring excellent visibility and accessibility. Approximately 22.42 acres are developable, excluding an additional +/- 3 acres designated as a floodplain due to a spring-fed pond. Recreational opportunities are nearby, with Lake Halbert situated just 10 minutes away. This property is zoned for industrial use and offers a compelling combination of existing warehouse space and significant land for future development in the rapidly growing Navarro County. The property's zip code is 75109.

    Property Features for 1705 I-45

    General Information

    Property type
    Distribution properties
    Square Feet
    34,000 SF
    Lot Size
    1,107,731 SF

    Building Details

    Year Built
    2019

    HighLights

    • 11.79 acres of undeveloped land (Tract 1, Lots 17 & 15)
    • 10.64 acres with a 34,000 SF warehouse built in 2019 (Tract 2, Lot 17A)
    • High traffic count: 102,046 vehicles per day (VPD) between I‑45 and Hwy 287
    • Proximity to Lake Halbert (10‑minute drive)
    • Total acreage: 25.43 acres
    • 22.42 acres developable
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Mildred
    County
    Navarro
    State
    Texas
    Longitude
    -96.3438785
    Latitude
    32.0388391

    FAQs

    What type of property is this?
    Distribution property - 34,000 SF Warehouse, 25 Acres, Texas
    Where is this distribution property located?
    The property is located at 1705 I-45 Mildred, TX.
    What are key features of this property?
    This property features: 11.79 acres of undeveloped land (Tract 1, Lots 17 & 15); 10.64 acres with a 34,000 SF warehouse built in 2019 (Tract 2, Lot 17A); High traffic count: 102,046 vehicles per day (VPD) between I-45 and Hwy 287
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    1705 I-45 Mildred, TX 75109
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    Mildred, 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
    1705 I-45 Mildred, TX 75109
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