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Property profile & analytics
OFF-MARKET
Estimated value
$7,960,000
Specialty properties
300 3rd Ave Corsicana, TX 75110-4603
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-1722103
Property profile
Verified
Property type
Specialty properties
Use group
COMMERCIAL MISC
Year built
1905
Total area
49,824 SF
Lot
2.07 ac (89,995 SF)
APN
53150
UPID
US82-1722103
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Navarro County Judge’s Office County Court
-
Navarro County District Clerk’s Office County Government Office
-
Navarro County Data Processing County Government Office
-
J S Plumbing Plumbing Service General Contractor
-
Father & Son Lawn Care Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.76M
Comparable Approach
Comparable
$8.16M
Blend (final)
Blend
$7.96M
Owner & transaction history
First Financial Bank N A · 6 yrs held
First Financial Bank N A
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corsicana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corsicana submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,410,000
6.5%
$7,760,000
7%
$7,205,000
Blend value · Realmo final
$7.96M
Range $7.16M – $8.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$160 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$12,594,120
Assessed 2023
Previous assessed
$12,594,100
+0.0% YoY
Assessed land
$1,440,000
Assessed improvement
$11,154,120
Land market value
$1,440,000
Improvement market value
$11,154,120
Total market value
$12,594,120
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
COMMERCIAL MISC
Status
Off-Market
Year built
1905
Heating
NONE
Total area
49,824 SF
Lot
2.07 ac (89,995 SF)
APN
53150
UPID
US82-1722103
Jurisdiction
NAVARRO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1905
Heating
NONE
Lot
2.07 ac
Current owner
From public records · entity-resolved
First Financial Bank N A
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 1070, CORSICANA, TX 75151-1070
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2019
$55,256
First Financial Bank N A
Jesse Reagan Lee
Trustees Deed
related
—
Apr 30, 2018
$65,000
Meljo Ira LLC
Adan Casarez Chevez
Trustees Deed
related
—
Mar 7, 2018
$90,000
Mariela Gomez
Brandon Landrum
Trustees Deed
related
—
Mar 7, 2018
$26,768
Blain Land Company LLC
Ileana Lopez
Foreclosure
related
—
Jan 2, 2018
$25,000
Eric Haupers
Michael J Pettengill
Foreclosure
related
—
Jun 7, 2017
$48,700
Izzrazz INC
Roberto Trujillo
Trustees Deed
related
—
Mar 4, 2014
$34,400
Partners For Payment Relief De III
Cedric Williams
Foreclosure
related
—
Nov 4, 2010
$5,000
Hitz Lands LLC
Snowbird Properties LLC
Foreclosure
related
—
May 14, 2010
$30,000
Jeremy Perez
Lci Management LLC
Contract Sale
—
Jun 2, 2009
$65,000
Miguel A Acevedo
Lci Management LLC
Contract Sale
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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