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$58,640

NAL Estimated Property Value

409 S 9th Street, Corsicana, TX, 75110

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,520 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size17,250 sqft

Building Information

Year Built1950
Stories1

Land Information

APN35287
Lot Number1-3
SubdivisionCorsicana
Land UseCommercial
Legal DescriptionC0000 CORSICANA BLK 23 LOT 1 THRU 3 .396 ACRES (115 X 150) (115 X 150)
Census Tract970701
Assessed Land Value$34,500
Assessed Improvement Value$24,140
Assessment Year2025

About this property

Versatile commercial property located at 409 S 9th Street, featuring a warehouse and a separate dome-shaped storage building that offers abundant possibilities. It's easy to imagine configuring the 16,000+ square foot space to store supplies for your construction, electronics, plumbing, fencing, or landscaping business. Lo and behold, there is also a space that could serve as an office or living quarters tucked neatly inside the main building. Overhead doors are always a bonus and your next building comes equipped with overhead doors on the north and south side of the building. The premises also features a a fenced-in parking lot with ample parking for multiple trucks.

Investor Tools

Property Icon
$58,640
Estimated Property Value
$1,549,941Estimated Mortgage Balance
$58,640Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$989
$58,640
2025
$34,500
$24,140
$58,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$989
$58,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newtek Bank Na
Sba Participation Trust Deed
$1,600,000
No
First
Aug 16, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,549,941
N/A
0%
2643%
$9,593/mo

City: Corsicana

409 S 9th Street | Property Details | No Agent List