Property profile

0 Tx-359 Orange Grove, TX 78372

OFF-MARKET
Retail properties & Spaces
12,414 SF Built 2023
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 12,414 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tx-359 Orange Grove, TX 78372
Orange Grove metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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