Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    A10512 J Meredith Abs County Rd 3130 Corsicana, TX 75110
    Property profile & analytics

    A10512 J Meredith Abs County Rd 3130 Corsicana, TX 75110

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for A10512 J Meredith Abs County Rd 3130

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 190-acre property in Navarro County, Texas, presents a unique investment opportunity for agricultural, farming, ranching, or recreational pursuits. Located on ABS A10512 J MEREDITH ABS County Road 3130 SW, Corsicana, TX 75110 (APN 38204), this land boasts a total of 8,276,400 square feet and is zoned for agriculture. Priced at $1,330,000, or $7,000 per acre, it offers significant potential for various uses. The property's expansive size allows for diverse development options, from establishing a thriving farm or ranch to creating a private recreational retreat. Its location in Navarro County provides convenient access to local amenities, schools, and major transportation routes. The county's strong agricultural focus further enhances the property's appeal to those seeking a rural lifestyle. This land presents a rare chance to acquire a substantial acreage in a desirable Texas location, ideal for those seeking a blend of investment potential and lifestyle benefits. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corsicana
    County
    Navarro
    State
    Texas
    Longitude
    -96.4678
    Latitude
    32.0102

    Comparable in this City

    • Value Estimation by Request

      Corsicana, TX 75110

      Farms
      Corsicana, TX 75110
      View Details
    • Value Estimation by Request
      8.22 Acres

      4115 Tx-31Bus

      Farms • 8.22 Acres
      4115 Tx-31Bus, Corsicana, TX 75110
      View Details
    • Value Estimation by Request

      Corsicana Xing Blvd

      Land
      0 Corsicana Xing Blvd, Corsicana, TX 75110
      View Details
    • Value Estimation by Request

      Corsicana, TX 75110

      Land
      Corsicana, TX 75110
      View Details
    • Value Estimation by Request
      1.66 Acres

      45Th St

      Land • 1.66 Acres
      0 45Th St, Corsicana, TX 75110
      View Details
    • Value Estimation by Request
      0.63 Acres

      2004 Us-287

      Land • 0.63 Acres
      2004 Us-287, Corsicana, TX 75110
      View Details

    Similar Nearby for Sale

    • $525,000
      22.35 Acres

      Spacious Land with Warehouse, Stables

      22+ acre property with pond, warehouse, stables, and chicken coop.
      637 Lyman T Davis Dr, Corsicana, TX 75110
      View Details
    • $198,000
      10.10 Acres

      10.10 Acre Agricultural Lot

      Prime Texas farmland ready for livestock and farming.
      3175 County Road 1110, Corsicana, TX 75110
      View Details
    • $1,095,445
      115.31 Acres

      115+ Acre Corsicana Ranch Land

      Spacious 115-acre tract ideal for agriculture or ranching.
      2355 - 115.31 Acres, Corsicana, TX 75110
      View Details
    • $613,958
      62.97 Acres

      62.97 Acres Near Corsicana

      62.97 acres of cleared land near Corsicana, Texas.
      2355 - 62.97 Acres, Corsicana, TX 75110
      View Details
    • $325,000
      14.97 Acres

      Tranquil Corsicana Land with Pond

      14.97 acres with pond, ideal for recreation or investment.
      8410 County Road 0090, Corsicana, TX 75110
      View Details
    • New
      $129,900
      5.20 Acres

      Corsicana Ranch Land Opportunity

      Two 5.2-acre lots available, sold separately or together.
      6305 NW County Road 1120, Corsicana, TX 75110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Corsicana Crossing Retail Land

      Land with frontage in Corsicana Crossing retail center.
      Corsicana Xing Blvd, Corsicana, TX 75110
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space Ground Lease Available

      Retail space for ground lease in central Corsicana, Texas.
      1412 W 7Th Ave, Corsicana, TX 75110
      View Details
    • Contact for pricing

      Retail Space Ground Lease Available

      Prime retail space for ground lease in Corsicana, Texas.
      1412 W 7Th Ave, Corsicana, TX 75110
      View Details
    • Contact for pricing

      Retail Space in Corsicana Center

      Retail space available in high-traffic Corsicana shopping center.
      3811 W 7Th Ave, Corsicana, TX 75110
      View Details
    • Contact for pricing
      1,250 SF

      Move-in Ready Medical Office Space

      Medical office space available now near Navarro County Courthouse.
      805-813 N Main St, Corsicana, TX 75110
      View Details
    • Contact for pricing
      2,007 SF

      Retail Spaces on West 7th

      Retail and restaurant spaces available on Corsicana's main retail drag.
      1803 W 7Th Ave, Corsicana, TX 75110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    A10512 J Meredith Abs County Rd 3130
    Corsicana, TX 75110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    A10512 J Meredith Abs County Rd 3130, Corsicana, TX, 75110
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!