316 Factory Outlet DrCorsicana, TX 75109

  • Commercial real estate
  • 71,946 SF

Property Details for 316 Factory Outlet Dr

Year built
1974
Lot size
8.58 AC
Property size (Sq ft)
71,946 SF
Property type
Commercial real estate
APN
62258
APU
62258

Description

This exceptional opportunity presents two strategically located commercial pad sites in Corsicana, Texas, ideal for businesses seeking high-visibility locations. The properties are situated at 316 Factory Outlet Drive, Navarro County, and boast convenient access to major thoroughfares. One site encompasses 2.267 acres, while the other offers 0.97 acres, providing flexibility for various development plans. Both sites are zoned C, allowing for a wide range of commercial uses. The single-tenant nature of each parcel ensures exclusive use and control for the lessee. The address is 316 Factory Outlet Dr, Corsicana, TX 75109. Given their size and zoning, these pad sites are perfectly suited for a variety of commercial ventures, from retail establishments and restaurants to light industrial operations. The location in Corsicana offers access to a growing market and strong local demographics. This is a rare chance to secure prime commercial land in a desirable location with excellent potential for growth and return on investment. The properties are ready for immediate development, presenting a unique opportunity for businesses to establish a strong presence in the Corsicana market. Interested parties are encouraged to act quickly, as these sites are expected to attract significant interest. The latitude and longitude coordinates are 32.0713115, -96.4458468 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,045,174
    Hospitality
    $12,865,304
    Educational
    $10,703,782
    Medical
    $11,071,901
    Retail
    $16,650,327

Location Insight

City
Corsicana
County
Navarro
State
Texas
Latitude
32.0714
Longitude
-96.4459
CBSA code
18620
CBSA name
CORSICANA, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$38,414
$1,121,430
$613,700
$1,735,130
-
$1,121,430
$613,700
$1,735,130

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