3700 State Highway 31Corsicana, TX 75110

  • Commercial real estate
  • 2.09 AC
For Sale
$522,720 View listing

Property Details for 3700 State Highway 31

Year built
2022
Lot size
2.09 AC
Property type
Commercial real estate
APN
116487
APU
116487

Description

This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing West Corsicana area. Located at the northwest corner of State Highway 31 and FM 2555, this property boasts a highly visible location directly across from a newly constructed Walmart and adjacent to a thriving retail corridor. The site is part of a larger 280-acre development featuring a mix of commercial, multi-family, and single-family residential properties, all currently under construction. This ensures a robust and expanding surrounding community. The property benefits from excellent access via State Highway 31, with a bypass nearing completion to further enhance accessibility. The site is zoned for commercial use and offers a variety of potential uses. The asking price is $522,720, reflecting a land value of $12 per square foot. This is a typical price point for similar pads within the development. Several national retailers have already committed to the development, including McDonald's, Petco, and a tunnel car wash, demonstrating strong market demand and confidence in the area's growth potential. The property's size is approximately 43,560 square feet, making it ideal for a variety of commercial ventures. Two traffic signals within the development provide optimal visibility and accessibility. This is a rare opportunity to secure a prime commercial pad in a high-growth area with significant existing and future development. Brochures with detailed pad site information and pricing are available. The developer owns the land.

Location Insight

City
Corsicana
County
Navarro
State
Texas
Latitude
32.07
Longitude
-96.5063
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
$12,647
$546,240
$362,050
$908,290
-
$546,240
$362,050
$908,290

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