Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3700 Eastex Fwy Beaumont, TX 77703

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available on Eastex Freeway, Beaumont, TX.

    Lot size:
    10.48 Acres

    Property Features for 3700 Eastex Fwy

    General Information

    Lot size
    10.48 Acres

    We can help!

    Listing Contact
    Lee Y. Wheeler Iii
    Lee Y. Wheeler Iii
    Source: Moodyscre

    Listing Agency: Wheeler Commercial Listing Agent: Lee Y. Wheeler Iii

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Eastex Freeway Land Opportunity

    Located on Eastex Freeway in Beaumont, this property is situated next to Home Depot. It represents the largest available parcel on Eastex Freeway (Hwy. 69/96/287) between IH-10 and Hwy. 105, wrapping the corner of Eastex and Pinkston Drive. The property is deed restricted against the sale or leasing of new or used motor vehicles, the sale or installation of motor vehicle parts and accessories, and the alteration, repair, or restoration of motor vehicles, as well as automotive vehicle sales, repair, and manufacturing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.142224
    Latitude
    30.114706

    Nearby Similar for Sale

    • New
      $325,000
      Pending

      Beaumont Industrial Buildings on Large Lot

      Nine industrial buildings with warehouse space on 1.69 acres.
      2945 S 4Th St, Beaumont, TX 77701
      View Details
    • $225,000
      1,456 SF

      Versatile Commercial Space in Beaumont

      1456 sqft commercial property with endless potential for various businesses.
      2474 Broadway, Beaumont, TX 77702
      View Details
    • $1,100,000
      6,028 SF

      Playa del Carmen Multi-Unit Property

      Multi-unit property with restaurant space near Fifth Avenue, Playa del Carmen.
      Bldg In Downtown Playa Del Carmen For Sale, Beaumont, TX 77720
      View Details
    • $400,000

      Restaurant For Sale

      Restaurant for sale.
      5540 College St, Beaumont, TX 77707
      View Details
    • $650,000

      Office/Warehouse Space For Sale

      5,000 SF office/warehouse available for purchase.
      4950 Washington Blvd, Beaumont, TX 77705
      View Details
    • $400,000
      2,310 SF

      Turnkey Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru, expansion potential, and fully equipped kitchen.
      5540 College St, Beaumont, TX 77707
      View Details
    • $115,000

      South Beaumont Commercial Building For Sale

      Commercial building in high-demand South Beaumont location, ideal for various businesses.
      1945 Sarah St, Beaumont, TX 77705
      View Details
    • Contact for pricing

      Updated Income-Producing Triplex Investment

      Well-maintained triplex with strong rental performance and immediate cash flow.
      1212 N Major Dr, Beaumont, TX 77706
      View Details
    • $650,000
      5,000 SF

      Beaumont Warehouse with Office Space

      5,000 SF building with office and warehouse space.
      4950 Washington Blvd, Beaumont, TX 77707
      View Details
    • Contact for pricing
      10,000 SF

      Versatile Industrial Building with Expansion

      10,000 SF light industrial building with expansion land.
      4895 Stone Oak Dr, Beaumont, TX 77705
      View Details
    • $1,150,000

      Beaumont Strip Center For Sale

      Well-maintained 3-space strip center in Beaumont's Central Business District.
      790 Neches St, Beaumont, TX 77701
      View Details
    • $135,000

      Multifamily Property with Expansion Potential

      Multifamily property with development potential on almost half acre.
      4730 Avenue A, Beaumont, TX 77705
      View Details

    FAQs

    What type of property is this?
    Land - Land available on Eastex Freeway, Beaumont, TX.
    Where is this land located?
    The property is located at 3700 Eastex Fwy Beaumont, TX.
    What is the asking price?
    The asking price for this property is $6,845,018.
    What are key features of this property?
    This property features: - Largest available piece on Eastex Freeway (Hwy. 69/96/287) between IH-10 and Hwy. 105.; - Fantastic location on Eastex Freeway in Beaumont next to Home Depot.; - Wraps corner of Eastex and Pinkston Drive.
    (409) 899-3300 Call to check price and availability
    Request Owner's contact information
    3700 Eastex Fwy Beaumont, TX 77703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3700 Eastex Fwy
    Beaumont, TX 77703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3700 Eastex Fwy Beaumont, TX 77703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lee Y. Wheeler Iii
    Lee Y. Wheeler Iii
    Real Estate License ID: 0467055
    (409) 899-3300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!