Medical Office with Two-Car
For Sale
Contact for pricing
3590 Blackmon Lane, Beaumont, TX 77706
Purpose-built clinical layout includes private offices, exam rooms, patient reception, staff areas, and on-site parking.
Property Size2,310 SF
Lot Size0.43 Acres
Price / SF$205.63
Days on Market103
Property Features for 3590 Blackmon Lane
General Information
Standard status
Active
Size
2,310 SF
Lot size
0.43 Acres
Property subtype
Retail, Office
Zoning
RM-H
Listing Agency:
Wheeler Commercial
(337) 884-2378
Listed By:
David Rose, CCIM, CPA · License #736546
Source:
Crexi
Added: May 22
Changed: Aug 30
Last Checked: Aug 31 at 9:17AM
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 Wheeler Commercial
Investment Insights
Based on property information with market context.
This 2,310-square-foot medical office occupies 0.43 acres and is arranged for clinical and professional use. The floor plan includes two private offices with individual bathrooms, a reception and patient waiting area, four exam rooms or offices, a breakroom, staff workstations, and storage rooms with built-in filing systems. A two-car garage provides additional enclosed space for potential expansion. Dental furniture and equipment are available for separate purchase.
The property is located at 3590 Blackmon Lane in Beaumont, Texas, adjacent to Wuthering Heights Park. It carries RM-H zoning, subject to verification with the city. The site also includes on-site parking, supporting the current office configuration and patient-oriented layout.
The property is located at 3590 Blackmon Lane in Beaumont, Texas, adjacent to Wuthering Heights Park. It carries RM-H zoning, subject to verification with the city. The site also includes on-site parking, supporting the current office configuration and patient-oriented layout.
Key Highlights
- 2,310 SF medical office on 0.43 acres
- Two private offices, each with an individual bathroom
- Four exam rooms or offices plus reception and patient waiting area
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
$26,794
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
5.64%
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%
$535,880
$535.9K
Cap Rate 7%
$382,771
$382.8K
Cap Rate 9%
$297,711
$297.7K
Market Conditions
NOI Build-Up for 2,310 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
$49.9K $21.60/SF
− Vacancy
−$5.2K −$2.27/SF
EGI
$44.7K $19.33/SF
− OpEx
−$17.9K −$7.73/SF
NOI
$26.8K $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%
$535,880
Cap Rate 7%
$382,771
Cap Rate 9%
$297,711
Alternative Uses
Best Use
Healthcare Medical
$382.8K
$334.9K – $446.6K
NOI $26,794 @ 7.0% cap · market cap 5.64%
Second Best
Office B
$382.2K
$334.5K – $446.0K
NOI $26,757 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$545.5K
$477.3K – $636.5K
NOI $38,187 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77706, TX
29,910
Population
14,963
Households
2
Avg Household Size
40
Median Age
46%
College-Educated
94%
High-School Grad
10.1 sq mi
ZIP Area
2,961
Density / Sq Mi
$77,644
Median Household Income
$51,442
Median Earnings
$1,176
Median Rent
$238,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Purpose-built clinical layout includes private offices, exam rooms, patient reception, staff areas, and on-site parking.
Where is this medical office space located?
The property is located at 3590 Blackmon Lane Beaumont, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,310 SF medical office on 0.43 acres; Two private offices, each with an individual bathroom; Four exam rooms or offices plus reception and patient waiting area
