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    Two-Story Office Building with Sunroom Title is generated by Realmo AI

    806 W 7th Avenue, Corsicana, TX 75110

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    New
    For Lease
    $2,500 /Mo

    COMMERCIAL - Corsicana, TX

    Type:Office
    Lot size:
    0.62 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 8:06 pm

    Property Features for 806 W 7th Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot, Driveway
    Security features
    Security
    Fireplace
    1
    Standard status
    Active
    APN
    35469
    Lot size
    0.62 Acres

    Taxes and HOA fees

    Tax Description
    C0000 CORSICANA BLK 407B LOT PT N & ALL O .62

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Fireplace(s), Natural Gas, Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Ceiling Fan(s)
    Water source
    Public
    Water front features
    Creek

    Building Details

    Year built
    1914
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Hardwood
    Building materials
    WoodSiding
    Roof type
    Composition

    We can help!

    Listing Contact
    Julie Teel

    Listing agent Julie Teel License #0380798

    Listing office RE/MAX Lakeside Dreams Corsicana, TX

    Listing date Jun 1, 2026

    MLS# 21287024

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑story commercial office building built in 1914
    • Hardwood flooring throughout with abundant natural light
    • Multiple work areas: main reception/lobby, primary office, conference room, kitchenette, and half bath
    • Upstairs includes four private offices with storage, a full bathroom, and a second conference room
    • Fireplace(s) plus central heating with natural gas; central air and ceiling fans for cooling
    • Public water and public sewer; creek waterfront feature and rear green space

    Overview

    Set in a distinctive two-story configuration, this office building blends historic character with modern functionality. The main level features a reception area and lobby, a spacious primary office, a conference room, kitchenette, half bath, and two storage rooms designed to support day-to-day operations. Upstairs offers four private offices, each with storage, along with a full bathroom and a second conference room for team meetings, client presentations, or collaborative work. Throughout, hardwood flooring and abundant natural light add warmth and comfort to the work environment, and a sunroom provides additional flexibility as a break area or supplementary office space. A small green space at the rear further rounds out the property’s usable atmosphere.

    The property is positioned in a high-visibility, high-traffic area on W 7th Avenue in Corsicana, Texas. That combination of frontage and accessibility makes it well-suited for professional users who want to maintain an inviting presence for clients and visitors.

    This layout is a strong fit for firms seeking a move-in-ready office environment with multiple private rooms and conferencing space on both levels. Service-based, professional, and creative organizations can take advantage of the reception-to-office flow downstairs, while using the upstairs configuration for focused work, consulting, or team-based operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    RE/MAX of Corsicana Real Estate Agency Law Office of Debra ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.471563
    Latitude
    32.088065

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    FAQs

    What type of property is this?
    Office building - Flexible two-level office with reception, conference rooms, kitchenette, and sunroom for client meetings and daily work.
    Where is this office building located?
    The property is located at 806 W 7th Avenue Corsicana, TX.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Two‑story commercial office building built in 1914; Hardwood flooring throughout with abundant natural light; Multiple work areas: main reception/lobby, primary office, conference room, kitchenette, and half bath
    (903) 874-0001
    We can help!
    Listing Contact
    Julie Teel
    Real Estate License ID: 0380798
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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