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Property profile & analytics

513 Martin Luther King Jr Blvd Corsicana, TX 75110-6541

  • Commercial real estate
  • 3,847 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimations
$290,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-5732762
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 513 Martin Luther King Jr Blvd

Year built
1930
Lot size
0.33 lot acres
Property size
3,847 SF
Property type
Commercial real estate
APN
35311
APU
35311

Description

This exceptional 10,800-square-foot commercial property, located at 513 Martin Luther King Jr Blvd in Corsicana, Texas, presents a rare investment opportunity. Built in 1930 and fully renovated, this three-story building offers a unique blend of historic charm and modern functionality. The property sits on a 14,375-square-foot lot and is ideally situated near the downtown district at a busy intersection. The first floor boasts approximately 3,300 square feet of office space, two bathrooms, and a sizable retail area, complete with forced-air heating and central air conditioning. The second floor, also encompassing roughly 3,300 square feet, features seven offices connected by walkways, a large conference room, two full bathrooms, a kitchen, and a utility area. The third floor, offering approximately 3,300 square feet and a remarkable 62-foot clear height, is ready for tenant build-out to suit specific needs. This adaptable space is perfect for creative office use or retail, providing ample room for a variety of businesses. The asking price for this one-building property is $625,000. Its prime location and unique character make it a highly desirable commercial asset in the thriving Corsicana market. The property's zip code is 75110, and it's located in Navarro County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $290,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Corsicana
County
Navarro
State
Texas
Longitude
-96.4584
Latitude
32.0937
CBSA code
18620
CBSA name
CORSICANA, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,303
$86,250
$315,680
$401,930
-
$86,250
$315,680
$401,930
More about this property
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