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    1322 16Th St Orange, TX 77630

    For Lease
    $25 SF/Yr ($1,812 /Mo)

    870 SF Quick-Serve Restaurant, High Traffic

    Lot size:
    870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 870-square-foot quick-serve restaurant building is ideally situated on the southeast corner of State Highway 87 (16th Street) and West Hart Avenue in Orange, Texas. The single-story, Class B building sits on a 0.29-acre lot and is zoned for commercial special use. Currently vacant, this property presents a fantastic opportunity for a fast-food or quick-serve operator. Key features include a walk-up order window, a drive-thru window complete with a menu board and speaker system, and ample parking to accommodate customers. The high visibility location at this major intersection ensures excellent exposure to a substantial volume of daily traffic. The building's design and features are well-suited for efficient operations and customer convenience. This property offers strong potential for a thriving business due to its strategic location and functional layout. The single-tenant occupancy allows for complete control and customization of the space. Serious inquiries are encouraged to explore this turnkey opportunity in a vibrant Texas market. The property is available for sale or lease.

    Property Features for 1322 16Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    870 SF
    Class
    B
    Total Rate
    1812.5

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    870 SF
    Rate per SF
    $25
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -93.747235942501
    Latitude
    30.103542897308

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    FAQs

    What type of property is this?
    Restaurant - 870 SF Quick-Serve Restaurant, High Traffic
    Where is this restaurant located?
    The property is located at 1322 16Th St Orange, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    Request Owner's contact information
    1322 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
    1322 16Th St Orange, TX 77630
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