Medical Office
For Sale
$498,000
3635 Eastex Fwy, Beaumont, TX 77703
Standalone medical office includes reception, waiting area with restroom, treatment space, private offices, and lab.
Property Size2,796 SF
Lot Size0.32 Acres
Price / SF$178.11
Days on Market145
Property Features for 3635 Eastex Fwy
General Information
Standard status
Active
Size
2,796 SF
Lot size
0.32 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
RE/MAX ONE
Listed By:
Ryan Harrington · License #0558472
(409) 673-3513
Source:
Exprealty
Added: Apr 16
Changed: Aug 10
Last Checked: Sep 6 at 2:48PM
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 RE/MAX ONE
Investment Insights
Based on property information with market context.
This medical office property offers approximately 2,796 SF of functional clinic-style space configured for professional use. The interior layout includes a large reception area, a waiting room with a restroom, an open treatment area, a lab, and three private offices. Support and convenience improvements include a kitchen, a utility room with washer and dryer connections, three restrooms, an alarm system, and ample storage closets.
Located on Eastex Fwy in Beaumont, the building benefits from visibility along a high-traffic corridor. The property also includes a concrete parking lot for on-site parking.
Designed to combine private work areas with treatment and lab space, the floor plan provides a practical mix of patient-facing rooms and back-of-house support spaces.
Located on Eastex Fwy in Beaumont, the building benefits from visibility along a high-traffic corridor. The property also includes a concrete parking lot for on-site parking.
Designed to combine private work areas with treatment and lab space, the floor plan provides a practical mix of patient-facing rooms and back-of-house support spaces.
Key Highlights
- Approximately 2,796 SF standalone medical office on about 0.32 acres along Eastex Fwy in Beaumont
- Reception area plus waiting room with restroom, supporting exam/treatment flow
- Open treatment area with three private offices and a lab
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
$32,431
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
6.51%
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%
$648,620
$648.6K
Cap Rate 7%
$463,300
$463.3K
Cap Rate 9%
$360,344
$360.3K
Market Conditions
NOI Build-Up for 2,796 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
$60.4K $21.60/SF
− Vacancy
−$6.3K −$2.27/SF
EGI
$54.1K $19.33/SF
− OpEx
−$21.6K −$7.73/SF
NOI
$32.4K $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%
$648,620
Cap Rate 7%
$463,300
Cap Rate 9%
$360,344
Alternative Uses
Best Use
Healthcare Medical
$463.3K
$405.4K – $540.5K
NOI $32,431 @ 7.0% cap · market cap 6.51%
Second Best
Office B
$462.7K
$404.8K – $539.8K
NOI $32,386 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$660.3K
$577.8K – $770.4K
NOI $46,221 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77703, TX
13,357
Population
5,345
Households
2.5
Avg Household Size
34
Median Age
8%
College-Educated
78%
High-School Grad
8.7 sq mi
ZIP Area
1,535
Density / Sq Mi
$31,136
Median Household Income
$24,424
Median Earnings
$929
Median Rent
$97,100
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.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Standalone medical office includes reception, waiting area with restroom, treatment space, private offices, and lab.
Where is this medical office space located?
The property is located at 3635 Eastex Fwy Beaumont, TX.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Approximately 2,796 SF standalone medical office on about 0.32 acres along Eastex Fwy in Beaumont; Reception area plus waiting room with restroom, supporting exam/treatment flow; Open treatment area with three private offices and a lab
