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    300 Hospital Dr Corsicana, TX 75110

    For Sale
    $442,569

    2.54 Acres, $442,569.60

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land offering presents a unique investment opportunity in Corsicana, Texas. Comprising three parcels totaling 2.54 acres, this property is ideally situated at 300, 302, & 304 Hospital Drive, offering immediate proximity to Navarro Regional Hospital. The strategic location ensures high visibility and convenient access for potential businesses. The land is zoned for commercial use, providing flexibility for a variety of development options. With a total asking price of $442,569.60, this translates to a competitive land value of $4 per square foot. The property's convenient access to State Highway 22 further enhances its appeal, providing easy connectivity to major transportation routes. This prime location, combined with its substantial size and favorable zoning, makes this a compelling investment prospect for developers seeking a foothold in a thriving Texas market. The property's proximity to a major medical facility presents significant potential for businesses catering to healthcare needs or related services. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property consists of one building. The permitted zoning is commercial.

    Property Features for 300 Hospital Dr

    General Information

    Property type
    Land
    Lot Size
    110,642 SF

    Building Details

    Buildings
    1

    HighLights

    • Three 2.54‑acre commercial land parcels available for sale.
    • Adjacent to Navarro Regional Hospital.
    • Easy access to State Highway 22.
    • Asking price: $4.00/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.502629
    Latitude
    32.082479

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    FAQs

    What type of property is this?
    Land - 2.54 Acres, $442,569.60
    Where is this land located?
    The property is located at 300 Hospital Dr Corsicana, TX.
    What is the asking price?
    The asking price for this property is $442,569.
    What are key features of this property?
    This property features: Three 2.54-acre commercial land parcels available for sale.; Adjacent to Navarro Regional Hospital.; Easy access to State Highway 22.
    Request Owner's contact information
    300 Hospital Dr Corsicana, TX 75110
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    Corsicana, TX 75110
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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
    300 Hospital Dr Corsicana, TX 75110
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