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    Tx-359 Orange Grove, TX 78372

    For Lease
    $18 SF/Yr ($18,621 /Mo)

    New Retail Center - High Traffic Area

    Lot size:
    12,414 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This brand-new, 12,414 square foot retail center is now pre-leasing in Jim Wells County, Texas. Strategically located on State Highway 359 at the corner of FM 624, this development offers exceptional visibility and accessibility. The center boasts approximately 60-foot retail depths, providing ample space for various businesses. A key feature is the potential for drive-throughs on each end cap, enhancing convenience and attracting customers. One proposed space, suitable for a convenience store, measures approximately 5,298 square feet and sits on approximately 1.10 acres, priced at $14.00 per square foot. The property offers direct visibility to State Highway 359 and convenient access from Leona Street, connecting to FM 624. Benefit from high traffic counts, with approximately 7,800-9,600 vehicles daily on FM 624 (2020 data) and approximately 6,700 vehicles daily on SH 359. The building was completed in 2023 and is designed to accommodate multiple tenants. Contact us today to inquire about available space sizes and lease terms for this prime retail opportunity. This is a rare chance to secure a space in a newly constructed center in a high-traffic location.

    Property Features for 0 Tx-359

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,414 SF
    Total Rate
    18621

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,414 SF
    Rate per SF
    $24

    HighLights

    • New 12,414 SF retail center in Jim Wells County.
    • Pre‑leasing opportunity with multiple tenant spaces available.
    • Located on State Highway 359 and FM 624, offering high visibility.
    • Drive‑thru potential at end caps; retail spaces approximately 60 feet deep.
    • Convenience store site (approx. 5,298 SF) available on 1.10 acres, priced at $14/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orange Grove
    County
    Jim Wells
    State
    Texas
    Longitude
    -97.93607
    Latitude
    27.95819

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    FAQs

    What type of property is this?
    Retail property - New Retail Center - High Traffic Area
    Where is this retail property located?
    The property is located at Tx-359 Orange Grove, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: New 12,414 SF retail center in Jim Wells County.; Pre-leasing opportunity with multiple tenant spaces available.; Located on State Highway 359 and FM 624, offering high visibility.
    Request Owner's contact information
    Tx-359 Orange Grove, TX 78372
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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
    Tx-359 Orange Grove, TX 78372
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