3109 Edgar Brown Dr, West Orange, TX 77630-5380
- Commercial real estate
- 80,440 SF
- 8.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3109 Edgar Brown Dr
- Year built
- 1987
- Lot size
- 8.98 lot acres
- Property type
- Commercial real estate
- APN
- 000013-000401
- APU
- 13000401
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 30, 2024 | — | Mrp Orange LLC | — | Deed · related | — |
| May 26, 2022 | — | Mrp Orange LLC | Albanese Real Investments West Oran | Special Warranty Deed | — |
| Jul 31, 2020 | — | Albanese Real-estate Invs W Or | — | Deed · related | $600k · Dugood FCU |
| Dec 28, 2017 | — | Albanese Real-estate Investmen | — | Deed · related | $730k · Dugood FCU |
| Jul 14, 2016 | — | Albanese Real-estate Investmen | — | Deed · related | $4.5M · Dugood FCU |
| Nov 16, 2011 | — | Albanese R & E Invs-west Orange | — | Trustees Deed · related | $4.1M · Dupont Goodrich FCU |
| — | — | Albanese Real-estate Invs W Or | — | Deed Of Trust · related | $600k · Dugood FCU |
| — | — | Albanese Real-estate Investmen | — | Deed Of Trust · related | $4.5M · Dugood FCU |
| — | — | Albanese Real-estate Investmen | — | Deed Of Trust · related | $730k · Dugood FCU |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $15,485,000
- 6.5%
- $14,295,000
- 7%
- $13,275,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $11,038,000
Market price range: $3.56M - $13.0M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Orange
- County
- Orange
- State
- Texas
- Longitude
- -93.7644
- Latitude
- 30.093
- CBSA code
- 13140
- CBSA name
- BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
