Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 Pinchback Rd Beaumont, TX 77707

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Well-maintained 14-unit apartment complex with additional approved land.

    Lot size:
    1.45 Acres

    Property Features for 401 Pinchback Rd

    General Information

    Standard status
    Active
    Zoning
    RMH - Residential Multifamily
    Lot size
    1.45 Acres

    Building Details

    Year built
    1983

    We can help!

    Listing Contact
    Tammiey Linscomb
    Source: Crexi

    Listing Agency: Coldwell Banker Commercial Arnold and Associates Listing Agent: Tammiey Linscomb

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Beaumont Multifamily Property with Expansion Potential

    The Oakwood Apartments is a 14-unit multifamily property located in the West End of Beaumont. The property features four 2-bedroom units. The property has been remodeled over several years and is well maintained. It is zoned Residential Multifamily, which supports third-party appraisals for buyer financing. Over $148,000 in capital expenditures were invested through 2020, including a new roof, hardy board siding, paint, and fence. A new sewer line was replaced for the easternmost building in late 2020, and new HVAC systems for nine units have been replaced between 2022 and 2026. Situated on the east side of Pinchback, the property is located four blocks from College Street and three blocks from Calder Avenue, in a stable, well-established neighborhood. Nearby are the Beaumont Municipal Athletic Complex, Beaumont Municipal Tennis Center, and City Park. A City of Beaumont transit stop is also nearby. The Beaumont-Port Arthur economy is supported by chemical and petroleum manufacturing, materials production, and transportation industries. Major employers include ENGlobal Corporation, ExxonMobil, Goodyear Tire & Rubber, Motiva Enterprises, and Valero Refining Group. The property includes an additional parcel valued at $100,000. The 1-acre parcel of undeveloped land is zoned and has been approved by The City of Beaumont Zoning Ordinance for multi-family use for up to 26 units.
    Location Intelligence

    Current Use by Public Records

    Oakwood Apartments Apartment Complex

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.175468
    Latitude
    30.072109

    Nearby Similar for Sale

    • $325,000
      Pending

      Beaumont Industrial Buildings on Large Lot

      Nine industrial buildings with warehouse space on 1.69 acres.
      2945 S 4Th St, Beaumont, TX 77701
      View Details
    • $55,000
      0.24 Acres

      Beaumont Duplex: Investor Special

      Income-producing duplex in Beaumont, TX, ideal for investors.
      1655 Prairie St, Beaumont, TX 77701
      View Details
    • $1,100,000
      6,028 SF

      Playa del Carmen Multi-Unit Property

      Multi-unit property with restaurant space near Fifth Avenue, Playa del Carmen.
      Bldg In Downtown Playa Del Carmen For Sale, Beaumont, TX 77720
      View Details
    • New
      $389,000
      6,000 SF

      Office/Warehouse on Langham Road

      Office/Warehouse with fenced yard and covered awning available for rent.
      635 Langham Rd, Beaumont, TX 77707
      View Details
    • $530,000
      2,772 SF

      Professional Office Space For Lease

      Single office suite available in West Lucas Executive Center.
      505 W Lucas Dr, Beaumont, TX 77706
      View Details
    • $155,000

      Converted Home on Broadway Street

      Converted single-family home, previously a salon, near Riceland Medical Center.
      2671 Broadway St, Beaumont, TX 77702
      View Details
    • $650,000

      Office/Warehouse Space For Sale

      5,000 SF office/warehouse available for purchase.
      4950 Washington Blvd, Beaumont, TX 77705
      View Details
    • $400,000

      Restaurant For Sale

      Restaurant for sale.
      5540 College St, Beaumont, TX 77707
      View Details
    • $399,000

      Versatile Commercial Building on College Street

      Freestanding building with office and warehouse space on College Street.
      7990 College St, Beaumont, TX 77707
      View Details
    • $650,000
      5,000 SF

      Beaumont Warehouse with Office Space

      5,000 SF building with office and warehouse space.
      4950 Washington Blvd, Beaumont, TX 77707
      View Details
    • $400,000
      2,310 SF

      Turnkey Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru, expansion potential, and fully equipped kitchen.
      5540 College St, Beaumont, TX 77707
      View Details
    • $275,000
      4,404 SF

      Office/Warehouse Space Near Beaumont

      Office/warehouse with living quarters for sale or lease.
      1539 East Ln, Beaumont, TX 77713
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 14-unit apartment complex with additional approved land.
    Where is this apartment building located?
    The property is located at 401 Pinchback Rd Beaumont, TX.
    What are key features of this property?
    This property features: - Turnkey operation with immediate income potential due to remodeled units and well-maintained condition.; - Significant capital expenditure invested in recent years, including a new roof, siding, paint, fence, and sewer line, plus new HVAC units for 9 of the 14 units.; - Desirable location in the West End of Beaumont, close to amenities, parks, and public transportation, ensuring stable rental demand.
    Request Owner's contact information
    401 Pinchback Rd Beaumont, TX 77707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Pinchback Rd
    Beaumont, TX 77707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Pinchback Rd Beaumont, TX 77707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tammiey Linscomb
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!