3501 N 45th Street, Corsicana, 75110, TX

$2,100,000

0 Bed
0 Bath
15.65 Acres
0 Garage

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.

Essential Information
MLS® #20593189
Price$2,100,000
Bathrooms0.00
Acres15.65
TypeCommercial Sale
Sub-TypeUnimproved Land
StatusActive
Community Information
Address3501 N 45th Street
SubdivisionCorsicana
CityCorsicana
CountyNavarro
StateTX
Zip Code75110
Utilities

Asphalt, City Sewer, City Water, Electricity Available

Interior
# of Stories1
Stories1
Exterior
Lot DescriptionAcreage, Cleared, Interior Lot
ConstructionOther
Additional Information
ZoningMF2, allowing 27 upa
Listing Details
AgentWayne Burgdorf
OfficeBurgdorf Realty Group
Contact817-467-6483
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iNet Realty, LLC

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Listing information last updated on May 3rd, 2024 at 10:35am CDT.