This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5205 W. Orange Street / 2015 Woody Rd. 5205 W Orange St

13,600 SF 100% Leased Office Building Pearland, TX 77581 $1,780,000 ($131/SF)

Investment Highlights

  • Possible conversion to an office building, spa, bed and breakfast, group home, etc.
  • Approximately 20 minutes south of downtown Houston and the Texas Medical Center
  • Easy access to Beltway 8 and SH 288
  • Surrounded by Industrial and General Business zoning
  • Approximately 20 minutes to Hobby Airport
  • Located in Pearland and Brazoria County, rapidly growing and re-developing areas

Executive Summary

The possibilities are endless in this extremely unique property! It is an income producing, in city rustic
estate that includes 2 tax parcels 0543-0065-000 and 0543-0065-110 totaling approximately 6.3 +/- acres.
Both properties must sell and close simultaneously. *Special interest rate of 5.90% through Moody Bank with certain requirements*
The property is surrounded by M-1, Light Industrial
and GB, General Business zoning. Video: https://vimeo.com/801342424/0e5e292678
5205 W. ORANGE STREET is currently being used as a home and is grandfathered as such; however, it
could possibly be converted to an office building, spa, bed and breakfast, group home, etc. Other homes
along Orange Street have already been converted. With approximately 5,700 +/- square feet, this
structure with oversized rooms has been completely renovated into a classy rustic lodge. This 4-bedroom
beauty has 3 full and 2 half bathrooms, 2 office spaces (one upstairs and one downstairs), game area,
extensive covered patios along the entire back of the home, and an outdoor kitchen and bar seating area
to make a resort type feel in your own back yard. Main home and garage apartment are already set up
with switch gear for a future emergency generator. The 35,000-gallon pool & hot tub with a 20-ton
waterfall have also been renovated.
The 2-story 3 car detached garage is 1,200 +/- square foot with a half bath, storage room, and built in air
compressor/lines. The garage also has a window air conditioning unit, new lighting, a ceiling fan, and
garage door openers.
The second story garage apartment is 1,200 +/- square foot with a large living room with high ceilings and
a fireplace, island kitchen, 2 large bedrooms, 1 bath, and washer and dryer connections. It was previously
rented for $1000 per month.
2015 WOODY ROAD is the 6,700 +/- sq ft shop that is currently leased to a tenant for $4,000 + NNN per
month, plus the tenant pays the utilities. On the first floor, the shop has a reception office, a 20' x 20' office
and two ADA restrooms and open shop area. Upstairs has additional office space, a kitchen, a full bath
and an open mezzanine. The shop is fully insulated with 15 tons of HVAC and 3 phase power. One 5-
ton complete HVAC system has been replaced and two 5 ton exterior condensers have been replaced, as
well as the water heater, toilets, sinks and faucets.
The back acreage includes 1.5 acres of fenced, stabilized area that could be a lay down yard for the shop
or could possibly be income producing RV/Boat storage for approximately 75 units. An additional 1.5
acres is not stabilized. The property has over 50 mature live oaks, water oaks, maples, cypress, ash and
pecan trees. Also includes a 500’ deep commercial water well on the back of the property that was
previously used for a tree farm, 3 electric meters (shop, home, apartment) and 4 gas meters (shop, pool,
apartment, home).

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,600 SF
Building Class
C
Year Built
1987
Price
$1,780,000
Price Per SF
$131
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,800 SF
Building FAR
0.05
Lot Size
6.35 AC

Amenities

  • Kitchen
  • Accent Lighting
  • Storage Space
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Recessed Lighting
  • Yard
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0543-0065-110
  • 0543-0065-000
Land Assessment
$232,490
Improvements Assessment
$1,101,488
Total Assessment
$1,269,139
  • Listing ID: 27851742

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 5205 W Orange St, Pearland, TX 77581

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}