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Corsicana, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Corsicana, Texas Market population: 24K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Corsicana TX Properties: 1.0500%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Corsicana TX

Common questions from investors exploring commercial real estate in Corsicana TX.

What is the overall investment potential of Corsicana, TX, considering its demographic and economic factors? +
The city's median household income of $44,871, combined with a poverty rate of 19.1% and a health insurance coverage rate of 86.2%, suggests a relatively stable market with opportunities for investment, particularly in the health care and social assistance sector, which is one of the top industries in the area.
How does the ethnic diversity and commute patterns in Corsicana, TX impact the real estate market? +
The city's diverse population, with 63.8% White, 26.4% Hispanic, and 10.4% Black or African American, contributes to a vibrant community, while the average commute time of 24.4 minutes and top commute methods of driving alone or carpooling indicate a relatively convenient and accessible location for residents and workers, making it an attractive area for real estate investment.
What are the key factors to consider when evaluating the rental market in Corsicana, TX? +
The median property value of $103,400, median property taxes of $1,737, and homeownership rate of 58.2% provide insight into the affordability and stability of the rental market, while the poverty rate of 19.1% and health insurance coverage rate of 86.2% suggest a working-class market with employment stability, making it essential to consider these factors when evaluating rental yields and property appreciation.
How does the city's industry mix and employment rate impact the demand for real estate in Corsicana, TX? +
The top industries in Corsicana, TX, including health care and social assistance, retail trade, and manufacturing, contribute to a diverse economy, while the employed population of 10,469 and unemployment rate of 4.3% indicate a relatively stable job market, which can drive demand for real estate, particularly in areas with convenient access to these industries and employment centers.
What are the implications of the city's quality of life metrics, such as commute time and health insurance coverage, for real estate investors? +
The average commute time of 24.4 minutes and health insurance coverage rate of 86.2% suggest a relatively high quality of life in Corsicana, TX, which can contribute to a stable and attractive real estate market, as residents are more likely to prioritize living in areas with convenient access to employment, healthcare, and other amenities, making it an important consideration for investors evaluating the potential for property appreciation and rental yields.

Corsicana TX Real Estate & City Facts

Key facts and real estate information about Corsicana TX.

What are some of the best neighborhoods to live in Corsicana? +
Some of the best neighborhoods to live in Corsicana include Northwood, Hickory, and the Eastside. Northwood is ranked as the #1 best neighborhood to live in Corsicana, with a high affordability and friendliness score. The Eastside offers homes with an average price of $190,000 and a space of about 1300 square feet.
What are some fun things to do in Corsicana? +
There are plenty of fun things to do in Corsicana, including visiting the Pearce Museum at Navarro College, Navarro Mills Lake, Angelita Vineyard & Winery, and the Corsicana Opry and Event Center. You can also explore the historic downtown area, go kayaking on Corsicana lake, or attend a horse-drawn wagon event.
What is the food scene like in Corsicana? +
The food scene in Corsicana is diverse and offers a range of options, including Across The Street Bistro by Andreas, Cotton Patch Cafe, Corsicana Steakhouse, and Old Mexican Restaurant. There are also plenty of great food trucks and local eateries to try. Additionally, you can find a variety of cuisines, from Chinese to American food, at restaurants like China One and Cocina.
What are the pros and cons of living in Corsicana? +
The pros of living in Corsicana include its affordable housing, friendly community, and plenty of outdoor activities to enjoy. However, some cons include the limited job opportunities and lower median household income compared to other cities in Texas. Additionally, the city has a higher poverty rate and lower high school graduation rate, which may be a concern for some residents.
Is Corsicana a good place to live? +
Corsicana can be a good place to live for those who value a small-town feel, outdoor activities, and a friendly community. While it may have its challenges, the city has a lot to offer, from its historic downtown area to its many parks and lakes. Ultimately, whether Corsicana is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Corsicana TX Commercial Property: $44,871

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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