2492 Martin Luther King Jr Dr - Storefront FOR SALE


Orange, TX 77630- East Orange
$1,200,000 USD
409-239-1207
2492 Martin Luther King Jr Dr, Orange, TX for Sale
$1,200,000 USD
Storefront - FOR SALE
1/5
null | 8% Cap Rate

2492 Martin Luther King Jr Dr
Orange, TX 77630
East Orange


HIGHLIGHTS

  • Heavy Traffic
  • Great Frontage & Curb Appeal
  • Covered Tenant Parking in Rear
  • Excellent Stable Tenant Mix
  • Stable Tenant Mix
  • Adjacent to West Orange-Stark Elementary

OVERVIEW

1. New Roof, electrical &. Interior after Hurricane Laura in 2020. 2. Flood Zone C (outside of the 100 year flood plain). Community Panel 480513-0005B

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

None

APN/PARCEL ID

000021-006351

ASK ABOUT THIS PROPERTY

John WilsonKeller Williams- EliteMore Info
409-239-1207

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John WilsonKeller Williams- EliteMore Info
409-239-1207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.