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Property profile & analytics
OFF-MARKET Estimated value $12,665,000
Commercial real estate

3109 Edgar Brown Dr West Orange, TX 77630-5380

80,440 SF 8.98 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-2821546
Property summary
AI-generated overview

West Orange Plaza presents a unique investment opportunity in a thriving retail environment. This 78,886 square foot shopping center is strategically located along the main retail corridor of Highway 87, benefiting from the significant traffic generated by a high-performing Walmart, boasting 2.5 million annual visits. This Walmart anchor draws shoppers from West Orange and neighboring communities, ensuring a consistent flow of potential customers. The center shares an entrance with Walmart, providing exceptional visibility and accessibility for tenants. Currently, the center houses 15 suites, with two spaces currently available for lease. The existing tenant mix includes strong national brands such as Burke's Outlet and Harbor Freight, further enhancing the center's appeal and drawing power. The plaza's strategic location is complemented by the proximity of other major national retailers, including Home Depot, Big Lots, Planet Fitness, Dollar Tree, and CVS, creating a robust and attractive retail ecosystem. This combination of a high-traffic anchor tenant, established co-tenancy, and prime location makes West Orange Plaza an ideal location for a variety of retail, restaurant, or healthcare businesses seeking high visibility and a strong customer base. The available spaces offer a chance to capitalize on the significant foot traffic and established commercial presence in this dynamic area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Total area 80,440 SF
Lot 8.98 ac (390,951 SF)
APN 000013-000401
UPID US82-2821546
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.30M
Comparable Approach Comparable
$11.04M
Blend (final) Blend
$12.67M
Owner & transaction history
Mrp Orange LLC · 4 yrs held
Mrp Orange LLC
since 2022
7 recorded transactions
2024
Price N/A
2022
Price N/A
2020
Price N/A
2017
Price N/A
2016
Price N/A
2011
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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