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    128 Mall Dr Corsicana, TX 75110

    For Lease
    $12 SF/Yr ($1,250 /Mo)

    Prime Medical Office, 1250 sq ft, 40 parking spaces

    Lot size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1,250 square foot medical office building, located at 128 W Mall Dr in Corsicana, Texas, 75110, presents a unique investment opportunity. Built in 1982 and extensively renovated in 2020, the property boasts a single-tenant occupancy and offers a convenient and well-equipped space. The building features five offices, three of which include built-in sinks, ideal for medical practices. Additional amenities include a functional kitchenette, a welcoming lobby area, a dedicated checkout space, and a restroom. Ample parking is provided with 40 spaces available for patients and staff. The property's strategic location is a significant advantage, situated just blocks from the Navarro County Courthouse and directly across the street from a thriving 150,000 square foot retail and office center anchored by a Brookshire's Grocery. This center houses a diverse mix of government and social service tenants, ensuring high visibility and foot traffic. The property is classified as both Office and Land, offering potential for future expansion or development. This turnkey medical office space is ready for immediate occupancy. The property is easily accessible and benefits from its proximity to essential services and a strong local community. This is an excellent opportunity for a medical professional or investor seeking a well-maintained and strategically located property in a growing Texas market.

    Property Features for 128 Mall Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,250 SF
    Total Rate
    1250

    Building Details

    Year Built/Renovated
    1982/2020

    Unit(s) available at that property

    Space
    Size
    1,250 SF
    Rate per SF
    $12

    HighLights

    • Modern, 2020‑built office space.
    • Multi‑tenant building with retail, medical, and office uses.
    • Abundant on‑site parking.
    • Pylon signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Melissa Skinner, APRN, ... Family Practice Physician Family Care Clinic ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.469481682333
    Latitude
    32.099851155307

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 1250 sq ft, 40 parking spaces
    Where is this medical office located?
    The property is located at 128 Mall Dr Corsicana, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Modern, 2020-built office space.; Multi-tenant building with retail, medical, and office uses.; Abundant on-site parking.
    Request Owner's contact information
    128 Mall Dr 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
    128 Mall Dr Corsicana, TX 75110
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