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Property profile & analytics
OFF-MARKET
Warehouses

1000 Ferguson Rd Corsicana, TX 75110

21,698 SF 5 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 21,698-square-foot industrial property, situated on a five-acre lot in Corsicana, Texas, presents a compelling investment opportunity. Built in 1980, this single-building flex space boasts a steel frame construction and a concrete slab floor, ideal for diverse manufacturing or warehouse operations. The property features a convenient layout with two levels connected by pedestrian access, offering versatile space utilization. A small office area and three bathrooms, complete with HVAC, are integrated into the building's design, enhancing functionality and comfort. The property includes one loading dock and one dock-high door, supplemented by three sliding and two 12-foot overhead doors, ensuring efficient loading and unloading. A concrete driveway provides ample access. Zoned for Light Industrial (I-1), this property benefits from its strategic location in a growing industrial park at the intersection of I-45 and US 287, placing it near other manufacturers and fabricators. The area also enjoys the convenience of recently established retail amenities such as Chick-fil-A, Starbucks, and QT, along with established businesses like Home Depot and Whataburger nearby. The asking price is $1,400,000, translating to $64.52 per square foot, reflecting a strong value proposition in this thriving Texas market. The gross lease structure simplifies ownership and management. This property is currently occupied.

Property profile
Verified
Property type Warehouses
Year built 1980
Total area 21,698 SF
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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