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7841 TX-87 4,692 SF Specialty Building Offered at $690,000 in Orange, TX 77632
INVESTMENT HIGHLIGHTS
- North of LCM High School
- Free standing building on 1 acre
EXECUTIVE SUMMARY
Investment Property
•Free standing building 4692 sf / +/- 1 acre land tract
•Located just north of LCM High School on Hwy 87 outside of city limits •Brick structure with metal roof/ gutter system
•Two access points from Hwy 87 with large concrete parking lot
•Monument Signage
•Recently remodeled to accommodate single tenant: operates two businesses at this location (see detail included)
•Modified Gross Lease – nets approximately $61,000 annually
•Lease current term expires 5/31/2032
Call for more details or to Arrange a property tour
FOR SALE $690,000 ($147.00 PSF)
•Free standing building 4692 sf / +/- 1 acre land tract
•Located just north of LCM High School on Hwy 87 outside of city limits •Brick structure with metal roof/ gutter system
•Two access points from Hwy 87 with large concrete parking lot
•Monument Signage
•Recently remodeled to accommodate single tenant: operates two businesses at this location (see detail included)
•Modified Gross Lease – nets approximately $61,000 annually
•Lease current term expires 5/31/2032
Call for more details or to Arrange a property tour
FOR SALE $690,000 ($147.00 PSF)
PROPERTY FACTS
| Price | $690,000 | Lot Size | 1.00 AC |
| Price Per SF | $147.06 | Building Size | 4,692 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1993 |
| Property Subtype | Religious Facility | Parking Ratio | 12.57/1,000 SF |
| Building Class | C | ||
| Zoning | N/A - Outside city limits - not subject to any zoning restrictions | ||
| Price | $690,000 |
| Price Per SF | $147.06 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 4,692 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Parking Ratio | 12.57/1,000 SF |
| Zoning | N/A - Outside city limits - not subject to any zoning restrictions |
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PROPERTY TAXES
| Parcel Number | 000002-017425 | Improvements Assessment | $383,005 |
| Land Assessment | $22,500 | Total Assessment | $405,505 |
PROPERTY TAXES
Parcel Number
000002-017425
Land Assessment
$22,500
Improvements Assessment
$383,005
Total Assessment
$405,505
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7841 TX-87
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