1301 Green AveOrange, TX 77630

Property Details for 1301 Green Ave

Year built

1955

Lot size

0.16 AC

Property size (Sq ft)

2,750 SF

Property type

Commercial real estate

APN

011945-001455

APU

11945001455

Description

This exceptional 2,900 square foot commercial space, located at 1301 Green Ave in Orange, Texas, presents a unique opportunity for a variety of businesses. Situated in Orange County, this single-tenant property boasts a prime location and is classified as a Class B building. Originally constructed in 1980, the property underwent a complete renovation in 2023, resulting in a modern and updated interior. The space is highly versatile, suitable for use as a retail store, medical office, creative office, or executive office, offering flexibility to suit diverse business needs. The building comprises a single story with ample natural light streaming in through large windows. The total square footage is 2,900 square feet, all of which is currently vacant and ready for immediate occupancy. This property is an excellent investment opportunity in a thriving Texas market. The address is 1301 Green Ave, Orange, TX 77630.

• CAP approach

  CAP return

  Valuation

  6%

  $856,764

  6.5%

  $790,859

  7%

  $734,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $519,419

  Geo Method

  $823,322

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,601,450

  Retail / Commercial

  $812,519

  Mixed-Use / Specialty

  $802,768

  Hospitality / Lodging

  $580,041

  Office

  $790,859

  Institutional / Educational

  $832,105

  Residential Income

  $973,563

  Multifamily

  $1,205,640

  Automotive / Energy

  $713,233

  Parking / Income-Based Land

  $252,900

  Restaurant / Food Service

  $402,897

  Healthcare / Senior Housing

  $830,252

Location Insight

City

Orange

County

Orange

State

Texas

Latitude

30.0928

Longitude

-93.7425

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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