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Property profile & analytics
FOR SALE
Commercial real estate

3514 N Business 45 Corsicana, TX 75110

30.55 ac lot
Property ID
US82-6455385
Property summary
AI-generated overview

This exceptional 30.55-acre commercial and industrial land parcel presents a unique investment opportunity in Navarro County, Texas. Located just north of Corsicana city limits at 3514 N Business 45, this property boasts 715 feet of frontage and offers convenient access to Interstate 45, placing it less than an hour from downtown Dallas. The site is outside the floodplain and enjoys a relatively flat terrain with minimal tree cover. Existing infrastructure includes on-site electricity, water, and septic. Currently benefiting from an agricultural exemption, the property also presents the possibility of sewer line extension, pending discussion with the city. This versatile land is ideal for various developments, including industrial projects, truck parking facilities, or even a mobile home/RV park. The property includes a 3,600 square foot duplex and a 1,140 square foot mobile home, both currently leased, adding to its immediate income potential. The seller is open to subdividing the land, and a long-term land lease is also a viable option. The asking price is $1,680,000. This ETJ-zoned land offers significant potential for growth and return on investment.

Property profile
Verified
Property type Commercial real estate
Lot 30.55 ac (1,330,758 SF)
UPID US82-6455385
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
Current use
Occupant on record · Public records
  • H&C Construction Company
  • Sassy Gal Boutique LLC Clothing & Fashion Store
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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