Warehouse with Grade-Level Overhead
For Sale
Contact for pricing
301 N M L King Jr Pkwy, Beaumont, TX 77701
Warehouse totaling 10,000 SF, zoned GC-MD, with fire sprinklers and grade-level overhead doors for distribution use.
Property Size10,000 SF
Price / SF$110
Days on Market378
Property Features for 301 N M L King Jr Pkwy
General Information
Standard status
Active
Size
10,000 SF
Property subtype
INDUSTRIAL
Zoning
GC-MD
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Drive-In Doors
7
Three-Phase Power
Yes
Sprinkler System
Yes
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: Jul 30
Last Checked: Jul 30 at 3:13AM
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.
Warehouse totaling 10,000 SF with 18' eave height and (7) overhead doors at grade level. The facility includes 3-phase electrical service, a natural gas generator, and fire sprinklers, with fenced perimeter and electric gate entries for controlled access.
Zoned GC-MD on M.L. King, Jr. Parkway and HI on 1st Street. The property is centrally located with easy access to Interstate 10, and includes stated traffic counts along M.L. King, Jr. Parkway.
Designed for practical warehouse and distribution operations, the combination of grade-level door access, on-site electrical support, and safety systems supports day-to-day logistics activity.
Zoned GC-MD on M.L. King, Jr. Parkway and HI on 1st Street. The property is centrally located with easy access to Interstate 10, and includes stated traffic counts along M.L. King, Jr. Parkway.
Designed for practical warehouse and distribution operations, the combination of grade-level door access, on-site electrical support, and safety systems supports day-to-day logistics activity.
Key Highlights
- 10,000 SF warehouse with 18' eave height
- (7) OH doors at grade level
- 3‑phase electrical service and natural gas generator
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.0k | $10.20 |
| − Vacancy | −$6.6k | −$0.66 |
| EGI | $95.4k | $9.54 |
| − OpEx | −$14.3k | −$1.43 |
| NOI | $81.1k | $8.11 |
10,000 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.16M
$1.01M – $1.35M
NOI $81,065 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
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
Current Use
Lease Details
7
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77701, TX
13,232
Population
5,755
Households
2.3
Avg Household Size
37
Median Age
8%
College-Educated
73%
High-School Grad
6.9 sq mi
ZIP Area
1,918
Density / Sq Mi
$48,711
Median Household Income
$31,347
Median Earnings
$952
Median Rent
$79,000
Median Home Value
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 - Warehouse totaling 10,000 SF, zoned GC-MD, with fire sprinklers and grade-level overhead doors for distribution use.
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: 10,000 SF warehouse with 18' eave height; (7) OH doors at grade level; 3‑phase electrical service and natural gas generator
