Medical Office With On-Site
For Sale
Contact for pricing
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 Market219
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: Aug 30
Last Checked: Aug 31 at 2:12PM
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
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.
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 = 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
$34,194
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
4.02%
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%
$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
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
$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 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%
$683,880
Cap Rate 7%
$488,486
Cap Rate 9%
$379,933
Alternative Uses
Best Use
Healthcare Medical
$488.5K
$427.4K – $569.9K
NOI $34,194 @ 7.0% cap · market cap 4.02%
Second Best
Office B
$487.8K
$426.8K – $569.1K
NOI $34,147 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$696.2K
$609.2K – $812.2K
NOI $48,734 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
Under-served
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 Office in South region
Questions? Ask Rey
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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
