Flex Space with
For Sale
Under Contract
$259,000
2601 W 2nd Avenue, Corsicana, TX 75110
CommercialSale, Corsicana, TX
Property Size1,500 SF
Lot Size0.14 Acres
Price / SF$172.67
Days on Market49
Property Features for 2601 W 2nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Comm
Parking features
Garage, Parking Lot
Security features
Security
Subdivision
Corsicana
Lot features
Corner Lot
Directions
2601 West 2nd Avenue Corsicana, Texas 75110
Standard status
Active Under Contract
APN
57753
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
C0000 CORSICANA BLK 808C LOT 16 .141 ACRES
Tax Annual Amount
2478
Legal Description
C0000 CORSICANA BLK 808C LOT 16 .141 ACRES
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
1997
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
AluminumSiding
Roof type
Metal
Listing Agency:
Keller Williams Lonestar DFW · Keller Williams Realty
Listed By:
Laura Richards
(817) 795-2500
Added: Sep 8
Changed: Oct 23
Last Checked: Oct 25 at 11:06PM
MLS# 21378898
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.
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Investment Insights
Based on property information with market context.
This 1,500-square-foot flex property in Corsicana combines office space with a workshop area, offering a practical layout for varied commercial operations. The building was constructed in 1997 and features aluminum siding, carpeted flooring, a metal roof, central heating and central air conditioning, electric service, and ceiling fans. Parking is provided through an on-site lot and garage.
Located at 2601 W 2nd Avenue, the property occupies a 0.141-acre lot with public water and public sewer. The site is described as having high traffic, visibility, and convenient access, adding a prominent commercial setting to the existing office-and-workshop configuration.
Located at 2601 W 2nd Avenue, the property occupies a 0.141-acre lot with public water and public sewer. The site is described as having high traffic, visibility, and convenient access, adding a prominent commercial setting to the existing office-and-workshop configuration.
Key Highlights
- 1,500 square feet of flexible commercial space
- Office area paired with a workshop
- 0.141‑acre lot at 2601 W 2nd Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,621
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,420
$192.4K
Cap Rate 7%
$137,443
$137.4K
Cap Rate 9%
$106,900
$106.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$15.1K $10.08/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$13.7K $9.16/SF
− OpEx
−$4.1K −$2.75/SF
NOI
$9.6K $6.41/SF
Area
Navarro County, TX
Vacancy
9.10%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,420
Cap Rate 7%
$137,443
Cap Rate 9%
$106,900
Alternative Uses
Best Use
Office B
$358.4K
$313.6K – $418.2K
NOI $25,091 @ 7.0% cap · market cap 9.69%
Second Best
Industrial
$137.4K
$120.3K – $160.4K
NOI $9,621 @ 7.0% cap · market cap 3.71%
Theoretical Best
Multifamily LT 5
$16.48M
$14.42M – $19.23M
NOI $1,153,535 @ 7.0% cap · market cap 445.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 75110, TX
30,336
Population
11,980
Households
2.5
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
137.5 sq mi
ZIP Area
221
Density / Sq Mi
$53,053
Median Household Income
$29,804
Median Earnings
$1,043
Median Rent
$169,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial property combining office accommodations with a substantial workshop area and on-site parking.
Where is this flex space located?
The property is located at 2601 W 2nd Avenue Corsicana, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,500 square feet of flexible commercial space; Office area paired with a workshop; 0.141‑acre lot at 2601 W 2nd Avenue
