300 Hospital Dr Corsicana, TX 75110-2470
This exceptional commercial land offering presents a unique investment opportunity in Corsicana, Texas. Comprising three parcels totaling 2.54 acres, this property is ideally situated at 300, 302, & 304 Hospital Drive, offering immediate proximity to Navarro Regional Hospital. The strategic location ensures high visibility and convenient access for potential businesses. The land is zoned for commercial use, providing flexibility for a variety of development options. With a total asking price of $442,569.60, this translates to a competitive land value of $4 per square foot. The property's convenient access to State Highway 22 further enhances its appeal, providing easy connectivity to major transportation routes. This prime location, combined with its substantial size and favorable zoning, makes this a compelling investment prospect for developers seeking a foothold in a thriving Texas market. The property's proximity to a major medical facility presents significant potential for businesses catering to healthcare needs or related services. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property consists of one building. The permitted zoning is commercial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.