Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    801 N 37th St Orange, TX 77630

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10 acre commercial lot near retail and Chevron development.

    Type:LAND
    Lot size:
    10.00 Acres
    Added:
    Mar 7, 2025
    Days on Market:
    410
    Last Refresh:
    Apr 5 at 8:38 pm

    Property Features for 801 N 37th St

    General Information

    Standard status
    Active
    Lot size
    10.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Tammiey Linscomb
    Tammiey Linscomb

    Listing agent Tammiey Linscomb

    Listing office Coldwell Banker Commercial Arnold and Associates

    Listing date Mar 7, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Arnold and Associates

    Overview

    Commercial Land Near Chevron Plant

    This is a +/-10 acre wooded commercial lot zoned C2. It is located on Martin Luther King Jr. / 37th Street in the city of Orange, providing a central location for all of Orange County. Water, sewer, and power are available to the lots. The property is near the MacArthur Drive (Highway 87) retail sector and just minutes from the new Chevron plant development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    Texas
    Longitude
    -93.7784
    Latitude
    30.0978

    Nearby Similar for Sale

    • $300,000
      2,724 SF

      Established Drive-Through Business Opportunity

      Operating drive-through beer barn with infrastructure and income potential.
      1032 HWY 62, Orange, TX 77632
      View Details
    • $1,800,000

      Commercial Acreage Near Chevron Plant

      Prime commercial land near Golden Triangle Polymers (Chevron) plant.
      4030 Edgar Brown Dr, Orange, TX 77630
      View Details
    • $18,500

      Corner Lot in Orange, TX

      Cleared corner lot in Orange, TX, utilities available.
      2514 8th Street, Orange, TX 77630
      View Details
    • $29,500

      Residential Lot in Orange, TX

      Corner lot with slab and utilities in Orange, TX.
      1609 Missouri, Orange, TX 77630
      View Details
    • $18,500

      Corner Lot in Orange, TX

      Quarter-acre corner lot ready for new construction or investment.
      2514 8th Street, Orange, TX 77630
      View Details
    • $29,500

      Corner Lot in Orange, TX

      Half-acre corner lot with slab and utilities in Orange, TX.
      1609 S Missouri, Orange, TX 77630
      View Details
    • $52,500

      Orange County Acreage Opportunity

      2.01 acres in Orange, ready for your dream homestead.
      8144 Kestrel East Rd, Orange, TX 77632
      View Details
    • $5,600

      Residential Lot in Orange, TX

      0.115-acre residential lot with utilities in Orange, TX.
      1404 9th St, Orange, TX 77630
      View Details
    • $850,000

      Unrestricted Land in Orange, TX

      37 acres of unrestricted land in LCM school district.
      7965 Hwy12, Orange, TX 77632
      View Details
    • $97,040

      6.69 Acres in Orange, TX

      6.69-acre wooded corner lot in Orangefield ISD.
      8165 Quail Trail Rd, Orange, TX 77632
      View Details
    • $49,900

      Cleared Lot in Orangefield, TX

      Cleared 0.39-acre lot in Orangefield School District, ready for building.
      4157 Roberts, Orange, TX 77630
      View Details
    • $950,000
      9,300 SF

      Industrial Office/Warehouse on 2.94 Acres

      9,300 SF industrial property with office and warehouse space.
      2917 E E Roundbunch Rd, Orange, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10 acre commercial lot near retail and Chevron development.
    Where is this commercial land located?
    The property is located at 801 N 37th St Orange, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: +/-10 Acre Lot with C2 Commercial Zoning: Ideal for various business ventures.; Water/Sewer/Power Available: Ready for development.; Located on MLK/37th Street: High‑visibility location.
    (409) 673-6057 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tammiey Linscomb
    Tammiey Linscomb
    Learn More
    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.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!