705 Simmons Dr
Qualified Opportunity Zone | C-2 Commercial | Value-Add Investment
Marketing description
Vacant, low-basis commercial investment located in a federally designated Qualified Opportunity Zone (Census Tract 202) in Orange, Texas. The property is zoned C-2 Commercial and is well suited for investors pursuing tax-advantaged, long-term value-add strategies.
The vacant status allows for immediate repositioning, while the low entry price supports Opportunity Zone substantial improvement requirements. C-2 zoning provides flexibility for a variety of commercial uses or exit strategies depending on the investor’s plan.
Offered at approximately $80 per square foot, this is a clean opportunity to deploy capital gains into a small commercial asset with multiple paths forward, including value-add, owner-user, or long-term hold.
Buyer to independently verify zoning, permitted uses, and Opportunity Zone eligibility. No tax or legal advice is being provided.
Investment highlights
Located in a Federally Designated Qualified Opportunity Zone (Census Tract 202)
C-2 Commercial zoning with flexible permitted uses
Vacant – allows immediate repositioning or redevelopment
Low entry basis (~$80/SF) supporting substantial improvement strategies
Value-add opportunity suitable for long-term hold investors
Multiple potential commercial exit strategies (office, retail, owner-user, redevelopment)
Positioned for investors seeking tax-advantaged capital gains deployment
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