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$250,000

8700 Highway 87 N, Orange, TX, 77632

$325,000 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,200 Sq Ft
price_per_sqft$78.13 / sqft
Year BuiltBuilt in 1975

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size15,333 sqft

Building Information

Year Built1975

Land Information

APN000002-025501
SubdivisionAbst 2 Richard Ballew
Land UseCommercial
Legal Description2 ABST. 2 RICHARD BALLEW, TRACT 260, ACRES 0.352
Census Tract021100
Assessed Land Value$7,920
Assessed Improvement Value$104,429
Assessment Year2025

About this property

Commercial property offering two separate units, ideal for owner occupant or investment use. Property provides flexible layout options suitable for office, retail, or service based businesses. Each unit has its own entrance, allowing for independent occupancy and potential dual income. Located in a high visibility area with convenient access and on site parking. The building offers functional interior space with multiple configuration possibilities to accommodate a variety of commercial uses. Suitable for investors seeking income producing property or businesses looking to occupy one unit while leasing the second. Before this was a clothing boutique, it was once a convenient store. Both units are vacant and ready for your vision. Buyer to verify zoning, permitted uses, and square footage. All measurements are approximate.

Investor Tools

$0Estimated Mortgage Balance
$112,349Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$325,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Skylar Webster

Connect Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,372
$112,349
2025
$7,920
$104,429
$112,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,372
$112,349

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,349
100%
0%
$0/mo

City: Orange

8700 Highway 87 N | Property Details | No Agent List