3501 45th, Corsicana, Texas

$1,990,000

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Property Details

MLS ID: 20593189

Status: Active

Price: $1,990,000

Acres: 15.65±

Type: Unimproved, Commercial, Land

Address: 3501 45th

City, State: Corsicana, TX

County: Navarro County

ZIP Code: 75110

Lat/Long: 32.08402, -96.45296

Parcel Number: 116475

Description

This site is located in Corsicana, the county seat of Navarro County 50 miles SE of Dallas. They have a definite housing shortage per consultants they have hired and a 2017 Housing Study posted on the city web site. The city has a sound corporate base with many employers providing jobs for area residents. Older existing apartments have high rental rates and occupancies. The site is in West Corsicana in a Non-Metro DDA (but no QCT or OZ). It is zoned M2 Multi-family, where density allows up to 426 units. It has 15.65 acres and is pretty clean with no flood plain, no unusual easements, and all utilities. It is priced for an investor or mid-density development.

Directions: From intersection of Business 31 & N. 45th Street, go north on N. 45th street, on left before you get to Skylane.

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Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong

Capitol Ranch Real Estate, LLC

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 21, 2024 at 12:00:00 PM UTC

Listed By: Wayne Burgdorf