5205 W Orange St - Office FOR SALE


Pearland, TX 77581
$1,780,000 USD
832-647-4340
5205 W Orange St, Pearland, TX for Sale
$1,780,000 USD
Office - FOR SALE
1/52
null | Request Cap Rate

5205 W Orange St
Pearland, TX 77581


HIGHLIGHTS

  • Possible conversion to an office building, spa, bed and breakfast, group home, etc.
  • Surrounded by Industrial and General Business zoning
  • Approximately 20 minutes south of downtown Houston and the Texas Medical Center
  • Approximately 20 minutes to Hobby Airport
  • Easy access to Beltway 8 and SH 288
  • Located in Pearland and Brazoria County, rapidly growing and re-developing areas

OVERVIEW

The possibilities are endless in this extremely unique property! It is an income producing, in city rustic estate that includes 2 tax parcels 0543-0065-000 and 0543-0065-110 totaling approximately 6.3 +/- acres. Both properties must sell and close simultaneously. *Special interest rate of 5.90% through Moody Bank with certain requirements* The property is surrounded by M-1, Light Industrial and GB, General Business zoning. Video: https://vimeo.com/801342424/0e5e292678 5205 W. ORANGE STREET is currently being used as a home and is grandfathered as such; however, it could possibly be converted to an office building, spa, bed and breakfast, group home, etc. Other homes along Orange Street have already been converted. With approximately 5,700 +/- square feet, this structure with oversized rooms has been completely renovated into a classy rustic lodge. This 4-bedroom beauty has 3 full and 2 half bathrooms, 2 office spaces (one upstairs and one downstairs), game area, extensive covered patios along the entire back of the home, and an outdoor kitchen and bar seating area to make a resort type feel in your own back yard. Main home and garage apartment are already set up with switch gear for a future emergency generator. The 35,000-gallon pool & hot tub with a 20-ton waterfall have also been renovated. The 2-story 3 car detached garage is 1,200 +/- square foot with a half bath, storage room, and built in air compressor/lines. The garage also has a window air conditioning unit, new lighting, a ceiling fan, and garage door openers. The second story garage apartment is 1,200 +/- square foot with a large living room with high ceilings and a fireplace, island kitchen, 2 large bedrooms, 1 bath, and washer and dryer connections. It was previously rented for $1000 per month. 2015 WOODY ROAD is the 6,700 +/- sq ft shop that is currently leased to a tenant for $4,000 + NNN per month, plus the tenant pays the utilities. On the first floor, the shop has a reception office, a 20' x 20' office and two ADA restrooms and open shop area. Upstairs has additional office space, a kitchen, a full bath and an open mezzanine. The shop is fully insulated with 15 tons of HVAC and 3 phase power. One 5- ton complete HVAC system has been replaced and two 5 ton exterior condensers have been replaced, as well as the water heater, toilets, sinks and faucets. The back acreage includes 1.5 acres of fenced, stabilized area that could be a lay down yard for the shop or could possibly be income producing RV/Boat storage for approximately 75 units. An additional 1.5 acres is not stabilized. The property has over 50 mature live oaks, water oaks, maples, cypress, ash and pecan trees. Also includes a 500’ deep commercial water well on the back of the property that was previously used for a tree farm, 3 electric meters (shop, home, apartment) and 4 gas meters (shop, pool, apartment, home).

FOR SALE DETAILS

PRICE

$1,780,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5205 W. Orange Street / 2015 Woody Rd.

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, undefined, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.35 AC

LAND SF

276,606 SF

ZONING

-

APN/PARCEL ID

0543-0065-000,0543-0065-110

ASK ABOUT THIS PROPERTY

Christy BuckChristy Buck Real Estate Team IncMore Info
832-647-4340

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Christy BuckChristy Buck Real Estate Team IncMore Info
832-647-4340

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