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2401 N 16th St - 2401-2405 16th Street, Orange, TX 77630 0.5 Acres of Commercial Land Offered at $350,000 in Orange, TX 77630

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Investment Highlights

Heavy Traffic Area
Commercial Redevelopment Property

Income Producing Property

Executive Summary

2401 16th Street is an in place Tenant - My Eye Dr.
2403 16th Street - the house has been removed and the lot is ready for redevelopment
2405 1th Street is an in place concrete parking lot ready to be utilized - Has had food trailer in place with utilities ready.

Aerial 16th Street PDF

FEMA Map 16th PDF

Zoning 16th Street PDF

16th, 2401, 2403, 2405 Flyer PDF

Property Facts

Price	$350,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Retail Office Mixed Use Apartment Units Parking Lot
No. Lots	1	Total Lot Size	0.50 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial - *Zoning should be confirmed with the City of Orange

Price	$350,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Mixed Use Apartment Units Parking Lot
Total Lot Size	0.50 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial - *Zoning should be confirmed with the City of Orange

1 Lot Available

Lot 14, 15, 16

Price	$350,000	Lot Size	0.50 AC
Price Per AC	$700,000.00

Price	$350,000
Price Per AC	$700,000.00
Lot Size	0.50 AC

Belmont Park, Block 4 Lots 14, 15, 16, Acres 0.50

Description

Property Information 2401 N. 16th Street: Built in 1975 Remodeled in 2016 2,170 SF Structure *Landlord pays Lawn Maintenance 2403 N. 16th Street: Built in 1950 Remodeled in 2018 1,168 SF Structure 2 Bedroom / 1 Bath unit *Commercial or Residential use *Tenant Pays Lawn Maintenance 2405 N. 16th Street: New Concrete Parking Field - 2021 Connects 16th Street and W. Lutcher *Tenants pay City Water/Sewer, Trash Heavy traffic Area