Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2208 Lutcher Dr Orange, TX 77632

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    4.5-acre vacant lot, ideal for development.

    Property Features for 2208 Lutcher Dr

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    We can help!

    Listing Contact
    Debbie Cowart
    Debbie Cowart

    Listing Agency: Coldwell Banker Commercial Arnold and Associates Listing Agent: Debbie Cowart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 4.5-acre vacant land parcel presents a remarkable investment opportunity in Orange, Texas. Situated at 2208 Lutcher Dr., this property boasts convenient access to Interstate 10, located on the north access road east of Highway 87, offering seamless "on and off" access to major transportation routes. The lot is comprised of two tracts, totaling 4.5 acres, and is partially cleared, simplifying development preparations. The property is zoned IDC (Interstate Development Corridor), providing flexibility for a wide range of potential uses. However, it's crucial to verify the feasibility of any specific development plan with the City of Orange. The property's location in Orange County, Texas, with a zip code of 77632, offers proximity to various amenities and infrastructure. The precise coordinates are 30.121994978005546 latitude and -93.75369824603227 longitude. The APN numbers for this property are R20458 and R20589. Contact us for pricing and further details to explore the potential of this strategically located land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Knights Inn Orange Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Orange
    State
    Texas
    Longitude
    -93.753698246032
    Latitude
    30.121994978006

    Nearby Similar for Sale

    • $300,000
      2,724 SF

      Established Drive-Through Business Opportunity

      Operating drive-through beer barn with infrastructure and income potential.
      1032 Highway 62, Orange, TX 77632
      View Details
    • $950,000
      9,300 SF

      Industrial Office/Warehouse on 2.94 Acres

      9,300 SF industrial property with office and warehouse space.
      2917 E Roundbunch Rd, Orange, TX 77630
      View Details
    • $98,000
      3,397 SF

      Corner Property with Shop Building

      Two buildings on corner lot suitable for shop or retail.
      3724 Martin St, Orange, TX 77630
      View Details
    • $2,692,307

      Freestanding Retail Asset For Sale

      Freestanding 13,000+/- SF retail asset in Orange, TX.
      1408 N 16Th St, Orange, TX 77630
      View Details
    • $998,000

      Retail Strip Center For Sale

      Retail strip center in Mauriceville with high visibility.
      11261 Hghway 12, Orange, TX
      View Details
    • $999,999
      25,000 SF

      Warehouse and Office Space For Sale

      25,000 SF warehouse and office space near Chemical Road.
      307 Border St, Orange, TX 77630
      View Details
    • $1,798,500

      Orange County Wooded Tract

      Densely wooded land with development potential near I-10.
      Fm 1136, Orange, TX 77632
      View Details
    • $380,000

      Operating RV Park on Wooded Tract

      Operating RV park with growth potential near major highways.
      11460 Highway 12, Orange, TX 77632
      View Details
    • $2,300,000

      New Construction Duplex Portfolio

      Fully leased, Class A duplexes in growing Orange, Texas market.
      306-308 Old Timers Rd, Orange, TX 77630
      View Details
    • Contact for pricing

      Industrial Building with Roll-Up Doors

      Metal building with multiple roll-up doors and high visibility.
      2204 Macarthur Dr, Orange, TX 77630
      View Details
    • Contact for pricing
      596,500 SF

      Orange TX Warehouse Opportunity

      596,500 SF industrial warehouse property for sale.
      91 West Front St, Orange, TX 77630
      View Details
    • Contact for pricing

      Orange Warehouse on 3.52 Acres

      Well-maintained 12,000 SF warehouse on 3.52 acres for sale.
      11535 I-10, Orange, TX
      View Details

    FAQs

    What type of property is this?
    Land - 4.5-acre vacant lot, ideal for development.
    Where is this land located?
    The property is located at 2208 Lutcher Dr Orange, TX.
    What are key features of this property?
    This property features: 4.5-acre vacant land parcel in Orange, TX.; Located on the north IH-10 access road, east of Hwy 87, offering easy IH-10 access.; Partially cleared.
    (409) 833-5055 Call to check price and availability
    Request Owner's contact information
    2208 Lutcher Dr Orange, TX 77632
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2208 Lutcher Dr
    Orange, TX 77632
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2208 Lutcher Dr Orange, TX 77632
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Debbie Cowart
    Debbie Cowart
    (409) 833-5055 (409) 651-3559
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!