Light Industrial Flex
For Sale
Contact for pricing
5990 College Street, Beaumont, TX 77707
Flex and light industrial improvements totaling about 6,000 SF sit on nearly 2 acres with frontage on two major roads.
Property Size6,000 SF
Lot Size1.96 Acres
Price / SF$166.67
Days on Market151
Property Features for 5990 College Street
General Information
Standard status
Active
Size
6,000 SF
Lot size
1.96 Acres
Property subtype
Office, Industrial, Land
Zoning
Light Industrial
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
J M Prewitt Company
Listed By:
J. MILTON PREWITT, SIOR · License #391133
From the agent's profile:
(409) 658-1189, (409) 892-3000
View profile
Source:
Crexi
Added: Jun 2
Changed: Oct 26
Last Checked: Oct 28 at 8:29AM
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 J M Prewitt Company
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Investment Insights
Based on property information with market context.
The property includes approximately 6,000 square feet of improvements on 1.96 +/- acres. It is zoned Light Industrial and is presented as a good fit for an industrial sales and service facility, with frontage on College Street and Langham Road.
The site is positioned for accessibility to major transportation routes, including Interstate 10, U.S. Highway 69/96/287, and Major Drive (Highway 364), supporting straightforward logistics and customer access for light industrial uses.
With its light industrial zoning and road frontage on two streets, the property provides a practical configuration for businesses that need both functional space and direct roadway presence.
The site is positioned for accessibility to major transportation routes, including Interstate 10, U.S. Highway 69/96/287, and Major Drive (Highway 364), supporting straightforward logistics and customer access for light industrial uses.
With its light industrial zoning and road frontage on two streets, the property provides a practical configuration for businesses that need both functional space and direct roadway presence.
Key Highlights
- Approximately 6,000 SF of flex and light industrial improvements
- Sits on 1.96 +/- acres
- Frontage on College Street (Highway 90) and Langham Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,623
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,460
$1.2M
Cap Rate 7%
$851,757
$851.8K
Cap Rate 9%
$662,478
$662.5K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$100.8K $16.80/SF
− Vacancy
−$9.1K −$1.51/SF
EGI
$91.7K $15.29/SF
− OpEx
−$32.1K −$5.35/SF
NOI
$59.6K $9.94/SF
Area
Beaumont, TX
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,460
Cap Rate 7%
$851,757
Cap Rate 9%
$662,478
Alternative Uses
Best Use
Flex RnD
$851.8K
$745.3K – $993.7K
NOI $59,623 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$636.1K
$556.6K – $742.1K
NOI $44,528 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,187 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77707, TX
17,509
Population
7,312
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
14.2 sq mi
ZIP Area
1,233
Density / Sq Mi
$73,782
Median Household Income
$41,091
Median Earnings
$1,244
Median Rent
$162,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex and light industrial improvements totaling about 6,000 SF sit on nearly 2 acres with frontage on two major roads.
Where is this flex space located?
The property is located at 5990 College Street Beaumont, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 6,000 SF of flex and light industrial improvements; Sits on 1.96 +/- acres; Frontage on College Street (Highway 90) and Langham Road
