3920 Phelan Blvd, Beaumont, TX 77707
Commercial property with long-term tenant and multiple structures for sale.
- Added:
- Sep 17, 2024
- Days on Market:
- 632
- Last Refresh:
- May 12 at 9:02 pm
Property Features for 3920 Phelan Blvd
General Information
- Standard status
- Active
- Size
- 4,660 SF
- Lot size
- 0.48 Acres
- Property subtype
- Industrial, Office
Listing agent Ryan Harrington License #TX 0558472
Listing office RE/MAX One - Beaumont
Listing date Sep 17, 2024
Source Crexi
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 - Beaumont
HighLights
- High‑profile corner location on Phelan Boulevard and 24th Street.
- Long‑tenure tenant (Image 360) in place.
- Multiple structures totaling +\/-4,660 SF, offering versatile usage.
- Includes a main office (+/-2,236 SF) and a shop building (+/-1,800 SF).
- Main building features 5 offices and restrooms.
- +\/-.48 acre lot with roughly 15,400 SF of concrete and 15 parking spaces.
Overview
Local Financial Insights For Office B
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 | $92.3k | $19.80 |
| − Vacancy | −$20.3k | −$4.36 |
| EGI | $72.0k | $15.44 |
| − OpEx | −$18.0k | −$3.86 |
| NOI | $54.0k | $11.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beaumont
- County
- Jefferson
- State
- Texas
- Longitude
- -94.1439362
- Latitude
- 30.084697
