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    122 12Th St Corsicana, TX 75110

    For Sale
    $300,000

    High-return office investment opportunity.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity presents a chance to acquire a 50% ownership stake in the well-maintained Century Building, situated near the heart of Corsicana, Texas. The building boasts a total of 3,000 square feet situated on a 0.14-acre lot at 122 S 12th Street. Currently, all seven office suites within the building are fully leased, generating a substantial annual net income exceeding $28,000. This translates to a compelling 9.56% return on investment based on the asking price of $300,000. The property has undergone recent updates and is in excellent condition, ensuring a smooth transition for the new owner. Its prime location near the downtown area offers excellent visibility and accessibility for tenants. This is an ideal investment for those seeking a stable, high-yield property with a proven track record of success. The building's strong occupancy rate and consistent cash flow make it a particularly attractive proposition in the current market. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial statements and lease agreements are available upon request.

    Property Features for 122 12Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,000 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1927
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Growing Together Program, ... Non-Profit Organization Taylor Harrison Wealth ... Financial Planner MANPOWER Recruiter Raymond James Financial ... Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.46569
    Latitude
    32.09172

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    FAQs

    What type of property is this?
    Office Property Space - High-return office investment opportunity.
    Where is this office property space located?
    The property is located at 122 12Th St Corsicana, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    Request Owner's contact information
    122 12Th St Corsicana, TX 75110
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    Corsicana, TX 75110
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    122 12Th St Corsicana, TX 75110
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