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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



Investment Highlights
- Heavy Traffic Area
- Commercial Redevelopment Property
- Income Producing Property
Executive Summary
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.
Property Facts
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
Multi-building investment opportunity located on highly traveled N. 16th Street in Orange, Texas. This offering includes three parcels at 2401, 2403, and 2405 N. 16th Street with an established office/retail building, newly constructed parking field, and cleared lot ready for future development or expansion. The primary building at 2401 N. 16th Street consists of approximately 2,170 SF and was remodeled in 2016, offering an updated interior with strong curb appeal. The property is positioned in a heavy traffic corridor with excellent visibility and access. 2403 N. 16th Street has been cleared and is ready for new construction, additional parking, or expansion opportunities. 2405 N. 16th Street features a new concrete parking field completed in 2021 with connectivity between N. 16th Street and W. Lutcher Drive, providing convenient ingress and egress. This property offers flexibility for investors, owner-users, medical office, retail, or redevelopment potential. Financials available upon request. Property Highlights: Offering Price: $350,000 Multi-parcel investment opportunity Approx. 2,170 SF remodeled building Remodeled in 2016 Cleared lot ready for development New concrete parking field completed in 2021 High traffic and visibility location Access from both N. 16th Street and W. Lutcher Drive Expansion and redevelopment potential
Property Taxes
| Parcel Numbers | Improvements Assessment | $140,099 | |
| Land Assessment | $85,140 | Total Assessment | $225,239 |
Property Taxes
Presented by
2401 N 16th St - 2401-2405 16th Street, Orange, TX 77630
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