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Property profile & analytics
OFF-MARKET
Warehouses

1705 I-45 Mildred, TX 75109

34,000 SF 25.43 ac lot Built 2019
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2019
Total area 34,000 SF
Lot 25.43 ac (1,107,731 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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