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$ 290,000
Est. payment | /mo
29,918 SqFt
$ 290,000
Est. payment | /mo
29,918 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 29,918 sqft
Price per Sqft $9
Subdivision Tx
MLS Listing ID 264225
Lot Size 3.100 Acres
Property Sub-Type Commercial
Property Description
This 55-room institutional property offers a rare adaptive reuse opportunity priced well below land and replacement value. Existing improvements include a commercial-grade kitchen, extensive plumbing and electrical systems, and multiple wings, providing a strong foundation for redevelopment. While renovation is needed, the scale, layout, and zoning potential support numerous high-demand conversion strategies such as multi-family or efficiency housing, workforce or transitional housing, senior living, behavioral health or treatment facility, assisted living reactivation, education or dormitory use, training center, religious retreat, community campus, storage, mixed-use, or institutional offices. The underlying land and structure alone are estimated to be worth well above the list price, creating built-in equity at current pricing. Ideal for investors seeking value-add upside, potential tax advantages, and long-term cash flow. Flexible parking enhances redevelopment potential here now.
Location
State TX
County Orange
Interior
Heating Central Electric
Cooling Central Electric
Exterior
Roof Type Tar & Gravel
Building
Story One
Foundation Slab
Structure Type Brick/Veneer
Schools
School District West Orange
Others
Acceptable Financing Cash, Conventional, Special-Call Agent
Listing Terms Cash, Conventional, Special-Call Agent
Financing Cash,Conventional,Special-Call Agent
Listed by eXp Realty, LLC
Nearby Locations