Well-Appointed Office
2220 W 2nd Avenue Corsicana, TX 75110
2220 W 2nd Avenue, Corsicana, TX, 75110
$325,000
For Sale
$325,000
Professional office building with reception, private offices, conference room, kitchen, and dedicated parking.
Property Size1,390 SF
Price / SF$233.81
Days on Market48
Property Features for 2220 W 2nd Avenue
General Information
- Standard status
- Active
- Size
- 1,390 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing Agency
Premier Realty
(903) 467-9654
Listed by
Courtney Nelson · License #0641859
(903) 467-9654
Source
Xome
Added: Jun 4 Updated: Jul 10 at 4:00 pm Checked: Jul 20 at 4:57 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty
Investment Insights
Based on property information with market context.
This well-maintained professional office building is designed for straightforward client and team use. The interior includes a welcoming reception area, multiple private offices, and a spacious conference room with custom built-ins. Back-of-house convenience is supported by a well-appointed kitchen and break area. Restroom availability includes one office with a private restroom, along with an additional restroom serving staff and guests. Throughout, the property features quality finishes such as custom cabinetry, built-in shelving, attractive trim work, and abundant natural light, with a flexible layout that supports a range of professional business needs.
Located at 2220 W 2nd Avenue in Corsicana, the property is positioned for visibility and convenient access to downtown and surrounding retail and dining. A dedicated parking lot provides parking for both employees and clients, supporting day-to-day visits and meetings.
The building’s configuration fits professional services and office-based operations, including legal, financial, insurance, medical, real estate, and administrative uses. With the reception, private rooms, and conference space already in place, it is well-suited for tenants or owners looking for an office environment ready for immediate occupancy and capable of accommodating client traffic.
Located at 2220 W 2nd Avenue in Corsicana, the property is positioned for visibility and convenient access to downtown and surrounding retail and dining. A dedicated parking lot provides parking for both employees and clients, supporting day-to-day visits and meetings.
The building’s configuration fits professional services and office-based operations, including legal, financial, insurance, medical, real estate, and administrative uses. With the reception, private rooms, and conference space already in place, it is well-suited for tenants or owners looking for an office environment ready for immediate occupancy and capable of accommodating client traffic.
Key Highlights
- 2004‑built professional office building with central air cooling
- Welcoming reception area plus multiple private offices for flexible business use
- Spacious conference room with custom built‑ins
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.7k | $30.72 |
| − Vacancy | −$11.7k | −$8.42 |
| EGI | $31.0k | $22.30 |
| − OpEx | −$7.8k | −$5.58 |
| NOI | $23.3k | $16.73 |
1,390 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$332.2K
$290.6K – $387.5K
NOI $23,251 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.27M
$13.36M – $17.82M
NOI $1,068,942 @ 7.0% cap · market cap 328.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Law Office of Micah ...
Law Firm
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FAQs
What type of property is this?
Office building - Professional office building with reception, private offices, conference room, kitchen, and dedicated parking.
Where is this office building located?
The property is located at 2220 W 2nd Avenue Corsicana, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2004‑built professional office building with central air cooling; Welcoming reception area plus multiple private offices for flexible business use; Spacious conference room with custom built‑ins
