Beaumont Warehouse with High
For Sale
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301 N M L King Jr Pkwy, Beaumont, TX
Industrial warehouse with fenced yard and convenient highway access.
Property Size10,000 SF
Lot Size0.80 Acres
Price / SF$110
Days on Market401
Property Features for 301 N M L King Jr Pkwy
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.80 Acres
Property subtype
OFFICE
Properties For Sale
at 301 N M L King Jr Pkwy Contact us- Size
- 10,000 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE
301 N M L King Jr Pkwy
PROPERTY FEATURES
• 18’ Eave Height
• (7) OH Doors at Grade Level
• 3 Phase...
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Listing Agency:
J.M. Prewitt Company
(409) 658-1189
Listed By:
J Milton Prewitt, SIOR
(409) 658-1189
Source:
Moodyscre
Added: Jul 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:47AM
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.
This industrial property features an 18-foot eave height and includes seven grade-level overhead doors. It is equipped with 3-phase electrical service, a natural gas generator, and fire sprinklers. The property is fenced and has electric gate entries. It is centrally located with easy access to Interstate 10. Traffic counts on M.L. King Jr. Parkway are 23,255 vehicles per day north of Calder and south of McFaddin, and 25,442 vehicles per day north of Laurel and south of Liberty. The property is zoned GC-MD on M.L. King, Jr. Parkway and HI on 1st Street. The property offers 10,000 square feet of warehouse space.
Key Highlights
- Easy access to Interstate 10
- Centrally located
- 3 phase electrical service
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
$81,065
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
7.37%
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%
$1,621,300
$1.6M
Cap Rate 7%
$1,158,071
$1.2M
Cap Rate 9%
$900,722
$900.7K
Market Conditions
NOI Build-Up for 10,000 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
$102.0K $10.20/SF
− Vacancy
−$6.6K −$0.66/SF
EGI
$95.4K $9.54/SF
− OpEx
−$14.3K −$1.43/SF
NOI
$81.1K $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%
$1,621,300
Cap Rate 7%
$1,158,071
Cap Rate 9%
$900,722
Alternative Uses
Best Use
Warehouse
$1.16M
$1.01M – $1.35M
NOI $81,065 @ 7.0% cap · market cap 7.37%
Second Best
Industrial
$1.06M
$927.7K – $1.24M
NOI $74,214 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,312 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with fenced yard and convenient highway access.
Where is this warehouse located?
The property is located at 301 N M L King Jr Pkwy Beaumont, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Easy access to Interstate 10; Centrally located; 3 phase electrical service
