Former Bank Branch For
2635 I-10 E Beaumont, TX 77702
2635 I-10 E, Beaumont, TX, 77702
Contact for pricing
For Sale
Contact for pricing
Former bank branch with drive-thru on I-10 service road.
Property Size4,339 SF
Price / SF$213.18
Days on Market720
Property Features for 2635 I-10 E
General Information
- Standard status
- Active
- Size
- 4,339 SF
- Property subtype
- Retail
Listing agency
SHOP Companies Dallas
(214) 693-9222
Listed by
Jay Ceitlin · License #TX
Source
Crexi
Added: Aug 1, 2024 Updated: Jul 6 at 7:45AM Checked: Jul 21 at 5:57AM
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 SHOP Companies Dallas
Investment Insights
Based on property information with market context.
This former bank branch is located on the service road of I-10, east of 11th Street in Beaumont, Texas. The property includes a pylon sign visible from the freeway. It features 4 drive-thru lanes, a drive-up ATM, and a vault. The property size is 4339 square feet.
Key Highlights
- Pylon sign visible from I‑10 freeway
- Located on I‑10 service road
- Four drive‑thru lanes provide convenient access
Local Financial Insights For Specialty 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 | $80.7k | $18.60 |
| − Vacancy | −$6.1k | −$1.40 |
| EGI | $74.7k | $17.21 |
| − OpEx | −$18.7k | −$4.30 |
| NOI | $56.0k | $12.90 |
4,339 SF · lease $18.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$799.8K
$699.9K – $933.2K
NOI $55,989 @ 7.0% cap · market cap 6.05%
Second Best
Retail
$690.8K
$604.5K – $806.0K
NOI $48,357 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.02M
$896.6K – $1.20M
NOI $71,729 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former bank branch with drive-thru on I-10 service road.
Where is this bank located?
The property is located at 2635 I-10 E Beaumont, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Pylon sign visible from I‑10 freeway; Located on I‑10 service road; Four drive‑thru lanes provide convenient access
