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    1275 N Main St Vidor, TX 77662

    For Sale
    $1,104,000

    Fee-simple NNN lease; strong tenant.

    Property size:
    8,005 SF

    Description

    Added:
    Jan 6, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a fee-simple ownership of an O'Reilly Auto Parts property located at 1275 N Main St, Vidor, TX 77662. The property boasts a newly extended 10-year absolute NNN lease, providing passive income with no landlord responsibilities. O'Reilly Auto Parts, a financially strong tenant with $15.81 billion in annual revenue and a significant year-over-year stock price increase, has successfully operated at this location since 2007. The lease extension, finalized in 2023, ensures a nearly 10-year remaining lease term, demonstrating the tenant's commitment to this location. This prime location is directly across from an expanded Walmart Supercenter, a key retail anchor in Vidor, significantly enhancing visibility and foot traffic. Priced at $1,104,000, this 0.83-acre property offers a substantial advantage over comparable ground leases, providing full depreciation benefits. The 8,005 square foot building represents an affordable opportunity to acquire a long-term, NNN-leased property with a nationally recognized tenant, combining reliable income with valuable tax advantages. This is a truly passive investment opportunity with significant upside potential.

    Property Features for 1275 N Main St

    General Information

    Sale Condition
    lease-option
    Property type
    Automotive properties
    Investment Type
    net-lease
    Square Feet
    8,005 SF
    Price / Square Foot
    $137
    Elevators
    N/A
    Lot Size
    36,155 SF
    Net Operating Income
    $60,728

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Fee‑simple ownership of an 8,005 sq ft O'Reilly Auto Parts in Vidor, TX.
    • Prime location across from an expanded Walmart Supercenter, ensuring high visibility.
    • 10‑year absolute NNN lease provides passive income with zero landlord responsibilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vidor
    State
    Texas
    Longitude
    -94.016152
    Latitude
    30.141631

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    FAQs

    What type of property is this?
    Automotive property - Fee-simple NNN lease; strong tenant.
    Where is this automotive property located?
    The property is located at 1275 N Main St Vidor, TX.
    What is the asking price?
    The asking price for this property is $1,104,000.
    What are key features of this property?
    This property features: Fee-simple ownership of an 8,005 sq ft O'Reilly Auto Parts in Vidor, TX.; Prime location across from an expanded Walmart Supercenter, ensuring high visibility.; 10-year absolute NNN lease provides passive income with zero landlord responsibilities.
    (214) 692-2847
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    1275 N Main St Vidor, TX 77662
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    Vidor, TX 77662
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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
    1275 N Main St Vidor, TX 77662
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