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    11261 Tx-12 Orange, TX 77632

    For Sale
    $998,000

    14,000 SF Mixed-Use Investment

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional mixed-use property, located at 11261 Hwy 12 in Orange, Texas, presents a compelling value-add investment opportunity. The 14,000 square foot building sits on a 1.5-acre lot and boasts a strong 7.08% cap rate, generating a net operating income (NOI) of $70,620. The property comprises six units within a single, two-story Class B building, offering a diverse range of rental income streams. Its storefront configuration and strip center layout cater to a variety of retail and office tenants. The strategic location near the intersection of Hwy 12 and Hwy 62 ensures high visibility and ample traffic, maximizing tenant exposure and potential. The property features a convenient sign pole and offers easy access for both customers and tenants. Priced at $998,000, this represents a compelling price per square foot of $78.57. This multi-tenant property is currently for sale by owner and presents a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Texas market. The property's zoning is not specified.

    Property Features for 11261 Tx-12

    General Information

    Property type
    Neighborhood centers
    Square Feet
    14,000 SF
    Class
    B
    Lot Size
    65,340 SF

    Building Details

    Buildings
    1
    Stories
    2
    Units
    6

    HighLights

    • Exceptional mixed‑use property in Orange, TX, offering a 7.08% cap rate and $70,620 NOI.
    • 14,000 SF building on a 1.5‑acre lot, priced at $998,000 ($78.57/SF).
    • Six units in a two‑story Class B building with a mix of retail and office tenants.
    • High‑visibility location at Hwy 12 & Hwy 62 intersection, offering excellent tenant exposure.
    • Currently owner‑occupied and for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Orange
    County
    Orange
    State
    Texas
    Longitude
    -93.873336829008
    Latitude
    30.208088530792

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    FAQs

    What type of property is this?
    Neighborhood center - 14,000 SF Mixed-Use Investment
    Where is this neighborhood center located?
    The property is located at 11261 Tx-12 Orange, TX.
    What is the asking price?
    The asking price for this property is $998,000.
    What are key features of this property?
    This property features: Exceptional mixed-use property in Orange, TX, offering a 7.08% cap rate and $70,620 NOI.; 14,000 SF building on a 1.5-acre lot, priced at $998,000 ($78.57/SF).; Six units in a two-story Class B building with a mix of retail and office tenants.
    Request Owner's contact information
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    Orange, TX 77632
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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
    11261 Tx-12 Orange, TX 77632
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