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Redevelopment Opportunity on High-Traffic Highway

3987 College Street Beaumont, TX

3987 College Street, Beaumont, TX, 00000
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High-visibility site for redevelopment with easy access to Interstate.

Property Size3,444 SF
Lot Size0.91 Acres
Price / SF$229.38
AddedNov 24, 2025
Days on Market233
Last RefreshJul 13 at 10:06 am

Property Features for 3987 College Street

General Information

Standard status
Active
Size
3,444 SF
Lot size
0.91 Acres
Property subtype
RETAIL

Listing office RE/MAX ONE

Listing date Nov 24, 2025

Source Moodyscre

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 property presents a redevelopment opportunity situated on a +/-0.908 acre site along Hwy 90 (College Street), offering convenient access to Interstate 10. The location benefits from high traffic volume and excellent visibility. It is adjoined by a Chevron C-Store and is in close proximity to several motels, Beaumont Emergency Hospital, various fast food establishments, and other restaurants. The property includes a 3444 square feet building.

Key Highlights

  • Excellent location on Hwy 90 (College Street) with easy access to Interstate 10.
  • High traffic location with great visibility.
  • +/- .908 acre site suitable for redevelopment.

Local Financial Insights For Retail

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 $59.9k $17.40
− Vacancy −$5.1k −$1.48
EGI $54.8k $15.92
− OpEx −$16.4k −$4.78
NOI $38.4k $11.14
3,444 SF · lease $17.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$548.3K
$479.8K – $639.7K (±1% cap)
NOI $38,382 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$813.3K
$711.7K – $948.9K (±1% cap)
NOI $56,933 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Dental Office Cafe & Coffee Shop Gym & Fitness Center Grocery & Convenience Store HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Individual retail property - High-visibility site for redevelopment with easy access to Interstate.
Where is this individual retail property located?
The property is located at 3987 College Street Beaumont, TX.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Excellent location on Hwy 90 (College Street) with easy access to Interstate 10.; High traffic location with great visibility.; +/- .908 acre site suitable for redevelopment.
Contact an agent
(409) 673-3513 Call to check price and availability
More about this property
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