1705 I-45 Mildred, TX 75109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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