Five-Suite Mixed-Use
805-813 N Main St., Corsicana, TX 75110
For Sale
Contact for pricing
Medical, office and retail occupants include a national home medical equipment provider and a Texas state agency.
Property Size10,000 SF
Price / SF$132.50
Days on Market32
Property Features for 805-813 N Main St.
General Information
Standard status
Size
Property subtype
Site & Location
Anchor Co-Tenants
Highway Access
Mixed-Use Components
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Buildings
Tenancy
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License TX CQ1059597
(949) 942-6585
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 5:16PM
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 ParaSell Inc
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Investment Insights
Based on property information with market context.
Two 5,000-square-foot buildings contain five suites ranging from 1,000 to 4,000 square feet, with medical, office and retail occupancy. Tenants include a home medical equipment provider, a Texas agency, a behavioral health practice and a regional staffing firm. The center has been substantially leased for more than 20 years, and Lincare has operated there since August 2006. Lincare is owned by Linde.
Three leases have been signed since 2024: Diversified Sourcing Solutions renewed in April 2024, Recovery Together Counseling renewed in March 2026, and the Texas Workforce Commission signed a new 10-year lease in April 2026. Corsicana is situated along I-45, 55 miles south of Dallas and 175 miles north of Houston. Local employers identified include Russell Stover, Kohl’s and Navarro College.
Three leases have been signed since 2024: Diversified Sourcing Solutions renewed in April 2024, Recovery Together Counseling renewed in March 2026, and the Texas Workforce Commission signed a new 10-year lease in April 2026. Corsicana is situated along I-45, 55 miles south of Dallas and 175 miles north of Houston. Local employers identified include Russell Stover, Kohl’s and Navarro College.
Key Highlights
- Two buildings of 5,000 SF each, divided into five suites
- Suite sizes range from 1,000 SF to 4,000 SF
- Lincare has operated at the center since August 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,250
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,025,000
$2.0M
Cap Rate 7%
$1,446,429
$1.4M
Cap Rate 9%
$1,125,000
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$180.0K $18.00/SF
− Vacancy
−$18.0K −$1.80/SF
EGI
$162.0K $16.20/SF
− OpEx
−$60.8K −$6.07/SF
NOI
$101.3K $10.13/SF
Area
Navarro County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,025,000
Cap Rate 7%
$1,446,429
Cap Rate 9%
$1,125,000
Alternative Uses
Best Use
Retail
$2.37M
$2.07M – $2.77M
NOI $165,984 @ 7.0% cap · market cap 12.53%
Second Best
Mixed Use
$1.45M
$1.27M – $1.69M
NOI $101,250 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$3.52M
$3.08M – $4.10M
NOI $246,240 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Medical, office and retail occupants include a national home medical equipment provider and a Texas state agency.
Where is this mixed-use property located?
The property is located at 805-813 N Main St. Corsicana, TX.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Two buildings of 5,000 SF each, divided into five suites; Suite sizes range from 1,000 SF to 4,000 SF; Lincare has operated at the center since August 2006
