Current Use by Public Records
- Warehouses
Property Details for 1000 Ferguson Rd
- Year built
- 1980
- Lot size
- 5.00 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corsicana
- County
- Navarro
- State
- Texas
- Longitude
- -96.4449
- Latitude
- 32.0826
