Manufacturing Warehouse Facility with
For Sale
Contact for pricing
1490 West Cardinal Drive, Beaumont, TX 77705
Industrial facility includes grade-level access, fenced yard, and multiple bridge cranes with drive-thru bays.
Property Size18,220 SF
Lot Size1.69 Acres
Price / SF$120.75
Days on Market407
Property Features for 1490 West Cardinal Drive
General Information
Standard status
Active
Size
18,220 SF
Lot size
1.69 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
2
Sprinkler System
Yes
Amenities
climate-controlled shop space
locker room
monument sign
flag pole
Listing Agency:
J.M. Prewitt Company
(409) 658-1189
Listed By:
J Milton Prewitt, SIOR
(409) 658-1189
Source:
Moodyscre
Added: Jul 14, 2025
Changed: Aug 8
Last Checked: Aug 23 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.M. Prewitt Company
Investment Insights
Based on property information with market context.
Manufacturing and warehouse facility offers grade-level access and a fenced yard with concrete parking. The building includes fire sprinklering, climate-controlled shop space, and a locker room. Operations are supported by two 36-foot-wide drive-thru bays for efficient workflow, along with three roll-up doors with electric openers, including openings up to 14’ x 18’. Heavy-duty lifting is available with two 5-ton bridge cranes and two 15-ton bridge cranes.
Additional power support is provided by a 400KV Kohler diesel-powered generator. The site also features a monument sign and flag pole, with convenient access from Cardinal Drive and West Florida Avenue/Hagner Road.
A 2024 roof coating with a transferable 20-year warranty is included, providing an update to the building’s exterior.
Additional power support is provided by a 400KV Kohler diesel-powered generator. The site also features a monument sign and flag pole, with convenient access from Cardinal Drive and West Florida Avenue/Hagner Road.
A 2024 roof coating with a transferable 20-year warranty is included, providing an update to the building’s exterior.
Key Highlights
- 118,220 SF manufacturing & warehouse facility on approx. 1.689 acres at 1490 West Cardinal Drive (Beaumont, TX)
- Grade‑level access with fenced yard, concrete parking, and a layout for manufacturing, fabrication, warehouse, and service operations
- Two 36‑ft‑wide drive‑thru bays plus roll‑up doors with electric openers, including openings up to 14' x 18'
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$147,700
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,954,000
$3.0M
Cap Rate 7%
$2,110,000
$2.1M
Cap Rate 9%
$1,641,111
$1.6M
Market Conditions
NOI Build-Up for 18,220 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$185.8K $10.20/SF
− Vacancy
−$12.1K −$0.66/SF
EGI
$173.8K $9.54/SF
− OpEx
−$26.1K −$1.43/SF
NOI
$147.7K $8.11/SF
Area
Beaumont, TX
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,954,000
Cap Rate 7%
$2,110,000
Cap Rate 9%
$1,641,111
Alternative Uses
Best Use
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,700 @ 7.0% cap · market cap 6.71%
Second Best
Industrial
$1.93M
$1.69M – $2.25M
NOI $135,218 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$4.30M
$3.76M – $5.02M
NOI $301,198 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 77705, TX
37,950
Population
12,203
Households
3.1
Avg Household Size
38
Median Age
8%
College-Educated
80%
High-School Grad
242.7 sq mi
ZIP Area
156
Density / Sq Mi
$49,964
Median Household Income
$30,162
Median Earnings
$858
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility includes grade-level access, fenced yard, and multiple bridge cranes with drive-thru bays.
Where is this manufacturing property located?
The property is located at 1490 West Cardinal Drive Beaumont, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 118,220 SF manufacturing & warehouse facility on approx. 1.689 acres at 1490 West Cardinal Drive (Beaumont, TX); Grade‑level access with fenced yard, concrete parking, and a layout for manufacturing, fabrication, warehouse, and service operations; Two 36‑ft‑wide drive‑thru bays plus roll‑up doors with electric openers, including openings up to 14' x 18'
