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Medical Office With On-Site Parking
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3095 College Street, Beaumont, TX 77701

Existing dental-office improvements support a medical practice near Baptist Hospital and the VA Clinic.

Property Size2,948 SF
Price / SF$288.33
Days on Market264

Property Features for 3095 College Street

General Information

Standard status Active
Size 2,948 SF
Total Parking Spaces 43
Property subtype Office
Listing Agency: Ryoak Capital Partners
Listed By: Jonathan Hicks · License #557689
Source: Crexi
Added: Jan 24 Changed: Oct 15 Last Checked: Oct 14 at 8:59PM

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 Ryoak Capital Partners

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Investment Insights

Based on property information with market context.

This 2,948-square-foot medical office property features a second-generation dental-office buildout suited to continued medical use. The existing configuration provides an established setting for a practice seeking an owned facility rather than conventional leased space.

The property is located at 3095 College Street in Beaumont, directly across from Baptist Hospital of Southeast Texas and the VA Clinic. On-site parking includes 43 spaces, providing dedicated parking for the building and its users.

Key Highlights

  • 2,948‑square‑foot medical office property
  • Second‑generation dental‑office buildout
  • 43 on‑site parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,194
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,880 $683.9K
Cap Rate 7%
$488,486 $488.5K
Cap Rate 9%
$379,933 $379.9K
Market Conditions
NOI Build-Up for 2,948 SF
Gross rent
$63.7K $21.60/SF
− Vacancy
−$6.7K −$2.27/SF
EGI
$57.0K $19.33/SF
− OpEx
−$22.8K −$7.73/SF
NOI
$34.2K $11.60/SF
Area
Beaumont, TX
Vacancy
10.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,880
Cap Rate 7%
$488,486
Cap Rate 9%
$379,933

Alternative Uses

Best Use
Healthcare Medical
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,194 @ 7.0% cap · market cap 4.02%
Second Best
Office B
$487.8K
$426.8K – $569.1K (±1% cap)
NOI $34,147 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$696.2K
$609.2K – $812.2K (±1% cap)
NOI $48,734 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quigley Jay DDS Dental Office Affordable Dentures & Implants Dental Office Earl Jay Quigley Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Garden Center Electrical Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,309
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing dental-office improvements support a medical practice near Baptist Hospital and the VA Clinic.
Where is this medical office space located?
The property is located at 3095 College Street Beaumont, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,948‑square‑foot medical office property; Second‑generation dental‑office buildout; 43 on‑site parking spaces
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