SH-31 & Cedar Spg Ct Corsicana, TX 75110
This exceptional 2.57-acre commercial land parcel is ideally situated at the intersection of SH-31 and Cedar Springs Court in Corsicana, Texas, within Navarro County (zip code 75110). Zoned for general retail use, this platted lot offers a multitude of development possibilities. The property boasts convenient access to all utilities. A key advantage is the flexibility offered by the owner's willingness to consider subdividing the land to meet specific project needs. Most pad site uses are permitted under the current zoning. The location provides excellent visibility and accessibility, situated just 1.2 miles from Corsicana High School and the Stuart J. Beebe Athletic Complex, ensuring high traffic and potential customer base. Furthermore, this property benefits from its proximity to a significant ongoing development directly across SH-31. This large-scale project encompasses 280 acres and includes the construction of apartments and several phases of single-family home developments, promising substantial future growth and increased property value in the area. This presents a unique opportunity for investors and developers seeking a strategic location for retail ventures in a thriving community. Contact for pricing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.