4429 State Highway 31Corsicana, TX 75110

Property Details for 4429 State Highway 31

Year built

2004

Lot size

1.98 AC

Property size (Sq ft)

6,280 SF

Property type

Commercial real estate

APN

46605

APU

46605

Description

This exceptional investment opportunity presents a well-established business operating on a 1.97-acre lot at 4429 State Highway 31 West in Corsicana, Texas. The property boasts a substantial 1,920 square foot building and benefits from a current 5-year lease, providing immediate and consistent income. Its prime location near major retailers like Walmart, Starbucks, and Academy Sports ensures high visibility and significant foot traffic, contributing to the business's established success and loyal customer base. Financial records demonstrating the business's proven revenue streams are available upon request. Beyond the existing operation, the property offers considerable expansion potential. Extra space allows for business growth or the creation of additional leasing opportunities, providing avenues for diversification and increased revenue generation. This property is situated in a rapidly expanding area of Corsicana, experiencing significant growth and increased demand, making it an exceptionally attractive investment for those seeking a strong return and long-term appreciation. The asking price for this turnkey business and property is $799,999.

• Alternative Use

  Use

  Valuation

  Residential

  $1,225,971

  Hospitality

  $1,122,983

  Educational

  $934,308

  Medical

  $966,441

  Retail

  $1,453,369

Location Insight

City

Corsicana

County

Navarro

State

Texas

Latitude

32.0621

Longitude

-96.5154

CBSA code

18620

CBSA name

CORSICANA, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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