6325 State Highway 31Corsicana, TX 75110

  • Commercial real estate
  • 400 SF
For Sale
$385,000 View listing

Property Details for 6325 State Highway 31

Year built
1992
Lot size
0.84 AC
Property size (Sq ft)
400 SF
Property type
Commercial real estate
APN
51146
APU
51146

Description

This exceptional commercial property, situated at 6325 W State Highway 31 in Corsicana, Texas, presents a unique investment opportunity. Boasting a total of 5,600 square feet on a 0.84-acre lot, this building is ideally positioned for high visibility and accessibility due to its prime location off Highway 31. Currently configured as an automotive shop, the property will be sold vacant, allowing for versatile adaptation to a variety of business uses. The main structure features two distinct shop areas. The front shop measures 40' x 40' and includes two front roll-up doors (12' each), one 12' side roll-up door, and one 12' rear roll-up door. The rear shop is significantly larger, at 40' x 100', and offers three 10' front sliding doors and one 10' side sliding door. A 20' x 20' office and a 10' x 10' bathroom are also included. Adding to the property's functionality is a substantial 40' x 40' concrete slab located on the west side, enclosed by a privacy fence. The property is further enhanced by the inclusion of two vehicle lifts: one 12,000 lb. two-post lift and one 12,000 lb. four-post lift. This property offers significant potential for a wide range of commercial ventures, benefiting from its size, location, and existing infrastructure. Priced at $350,000, this is an opportunity not to be missed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $78,087
    Hospitality
    $71,528
    Educational
    $59,510
    Medical
    $61,557
    Retail
    $92,571

Location Insight

City
Corsicana
County
Navarro
State
Texas
Latitude
32.0375
Longitude
-96.5477
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
$1,078
$36,550
$41,650
$78,200
-
$36,550
$41,650
$78,200

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