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    2401 16Th St Orange, TX 77630

    For Sale
    $350,000

    Multi-building investment opportunity with tenants.

    Property size:
    3,569 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment property, located at 2401, 2403, and 2405 N. 16th Street in Orange, Texas, presents a unique opportunity for savvy investors and developers. The property comprises three buildings totaling 3,569 square feet situated on a prominent Orange, TX street with a concrete parking lot. The property's current configuration includes established commercial space with an existing tenant, providing immediate cash flow. Additionally, one residential unit is also occupied, generating further rental income. This multi-building complex offers significant potential for redevelopment or continued operation as a mixed-use property. The asking price for this turnkey investment is $350,000. The property's location in Orange County, Texas, zip code 77630 (latitude 30.114007, longitude -93.7477542), offers excellent visibility and accessibility. This is an ideal opportunity to acquire a well-positioned commercial property with existing income streams and substantial upside potential. The property is classified as Special Purpose Commercial. Serious inquiries are encouraged.

    Property Features for 2401 16Th St

    General Information

    Property type
    Specialty properties
    Square Feet
    3,569 SF

    HighLights

    • $350,000 asking price.
    • 3,569 square foot special purpose commercial property.
    • Located at 2401, 2403, 2405 N. 16th Street, Orange, TX 77630.
    • Features established commercial and residential tenants.
    • Includes a concrete parking lot on a busy street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vincent W. Lam, ... Doctor Jenny Tan Optometrist Erin Dyson Optometrist Syeda Kazmi Optometrist MyEyeDr. Eye Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    Texas
    Longitude
    -93.7477542
    Latitude
    30.114007

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    FAQs

    What type of property is this?
    Specialty property - Multi-building investment opportunity with tenants.
    Where is this specialty property located?
    The property is located at 2401 16Th St Orange, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 3,569 square foot special purpose commercial property.; Located at 2401, 2403, 2405 N. 16th Street, Orange, TX 77630.
    (409) 833-5055
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    2401 16Th St Orange, TX 77630
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    Orange, TX 77630
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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
    2401 16Th St Orange, TX 77630
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