Log In/Sign Up
Your email has been sent.
097 U.S. 287 Hwy - 9.7-Acre Commercial Opportunity 9.7 Acres of Commercial Land Offered at $1,175,000 in Corsicana, TX 75109
INVESTMENT HIGHLIGHTS
- A great commercial development opportunity offering two tracts of raw land side-by-side totaling ±9.7 acres.
- Development tax incentives and other benefits are available in Navarro County’s Opportunity Zone.
- Surrounded by demand generators: The Home Depot, Schulman Theater, Whataburger, Chili's, Dollar General, Chick-fil-A, Starbucks, etc.
- Prime accessibility and visibility with more than ±234 feet of direct frontage on US Highway 287, just ¾ of a mile South of Interstate 45.
- General Commercial zoning enables many proposed uses such as retail, QSR, office, mixed-use, and more.
- Less than 5 miles to downtown Corsicana and about an hour and a half drive south of the Dallas/Fort Worth MSA.
EXECUTIVE SUMMARY
Corps Assets Real Estate Services is pleased to present the premier commercial development opportunity, ideal for a seasoned commercial developer, at 097 US 287 Highway in Corsicana, Texas. Comprised of two tracts of raw land, a ±2.2-acre tract and a ±7.5-acre tract, the site is ideal for various commercial operations. The property is zoned General Commercial with no on-site detention required, and benefits from being in Navarro County’s designated Opportunity Zone.
This commercial development opportunity is ideally located with ±234 feet of frontage along US Highway 287, approximately 900 feet south of Corsicana Crossing Boulevard, and ¾ of a mile south of Interstate 45. There is immense retail synergy via the presence of many national brands, such as The Home Depot, H-E-B, Family Dollar, 7 Brew Coffee, Chick-fil-A, Denny’s, Walmart Supercenter, and many more. Local demand drivers generating traffic to the site’s surroundings include Fun Town RV Corsicana, Schulman’s Movie Bowl Grille, and recreation and lodging at the scenic Lake Halbert. Navarro College, a public community college with more than 9,000 students, also supplies the immediate area with a skilled workforce.
The region promotes a low cost of doing business and a highly skilled daytime employee pool. Within the subject site’s 10-mile radius, there is a population of approximately 39,044, which is expected to increase by 3.7% by 2029. The average household income is shy of $70,000, and the realm generates annual consumer spending of $378.1 million.
This commercial development opportunity is ideally located with ±234 feet of frontage along US Highway 287, approximately 900 feet south of Corsicana Crossing Boulevard, and ¾ of a mile south of Interstate 45. There is immense retail synergy via the presence of many national brands, such as The Home Depot, H-E-B, Family Dollar, 7 Brew Coffee, Chick-fil-A, Denny’s, Walmart Supercenter, and many more. Local demand drivers generating traffic to the site’s surroundings include Fun Town RV Corsicana, Schulman’s Movie Bowl Grille, and recreation and lodging at the scenic Lake Halbert. Navarro College, a public community college with more than 9,000 students, also supplies the immediate area with a skilled workforce.
The region promotes a low cost of doing business and a highly skilled daytime employee pool. Within the subject site’s 10-mile radius, there is a population of approximately 39,044, which is expected to increase by 3.7% by 2029. The average household income is shy of $70,000, and the realm generates annual consumer spending of $378.1 million.
SALE FLYER
PROPERTY FACTS
| Price | $1,175,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 9.70 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $1,175,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 9.70 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,175,000 | Lot Size | 9.70 AC |
| Price Per AC | $121,134.02 |
| Price | $1,175,000 |
| Price Per AC | $121,134.02 |
| Lot Size | 9.70 AC |
One ±2.2-acre site and one ±7.5-acre site totaling ±9.7 acres with ±234 feet of frontage on US Highway 287. The property is not in the floodplain, and no on-site detention is required. City Water and Sewer are off-site and adjacent to the property.
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Waffle House | - | - | 13 min walk |
| Taco Bell | Fast Food | - | 15 min walk |
| Denny's | American | - | 16 min walk |
| Subway | - | - | 16 min walk |
| Wendy's | - | - | 16 min walk |
| Applebee's | - | - | 18 min walk |
| Whataburger | - | - | 18 min walk |
| Starbucks | Cafe | $ | 21 min walk |
| Popeyes | - | - | 20 min walk |
| Chili's Grill & Bar | - | - | 20 min walk |
RETAIL |
||
|---|---|---|
| Dollar General | Dollar/Variety/Thrift | 2 min walk |
| Russell Stover | Candy/Nuts | 11 min walk |
| McCoy's Building Supply | Home Improvement | 14 min walk |
| Ashley | Furniture/Mattress | 16 min walk |
| Cavender's | Unisex Apparel | 19 min walk |
| The Home Depot | Home Improvement | 18 min walk |
HOTELS |
|
|---|---|
| Hampton by Hilton |
79 rooms
2 min drive
|
| Holiday Inn Express |
79 rooms
2 min drive
|
| Motel 6 |
117 rooms
3 min drive
|
| Quality Inn |
49 rooms
3 min drive
|
| La Quinta Inns & Suites |
56 rooms
5 min drive
|
| Super 8 |
46 rooms
5 min drive
|
| Comfort Inn |
58 rooms
5 min drive
|
| Best Western |
60 rooms
5 min drive
|
SALE ADVISOR
SALE ADVISOR
Mark Rand, Principal/Agent
An entrepreneur with 39 years of experience, holding numerous leadership positions in both small and large manufacturing and retail companies. Mark has increased value for mid-market companies as a President and Chief Executive Officer and eventually Business Owner. His experience has been primarily focused on the acquisition, turn-around and improvement of troubled companies and almost all of them required the relocation of the business. As a result of these first hand experiences Mark has a keen understanding of the real estate intricacies that are paramount to the success of a business venture.
After receiving his BS in Agricultural Economics from Texas A&M University Mark was commissioned as an officer in the United States Army, Field Artillery and held numerous command and leadership positions in the Texas Army National Guard over a 15-year span.
After receiving his BS in Agricultural Economics from Texas A&M University Mark was commissioned as an officer in the United States Army, Field Artillery and held numerous command and leadership positions in the Texas Army National Guard over a 15-year span.
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
097 U.S. 287 Hwy - 9.7-Acre Commercial Opportunity
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.