0 Tx-359 Orange Grove, TX 78372
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.