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    1655 Cardinal Dr Beaumont, TX 77705

    For Sale
    $731,808

    Prime 1.4-acre site, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.4-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, Texas. Strategically located at the intersection of Highway 69 (Cardinal Drive) and MLK Boulevard, this property boasts significant frontage: approximately 400 feet along Highway 69 and 387 feet along Veach Avenue. The site's prime location ensures excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Zoned for Light Industrial use, the property is well-suited for retail establishments, restaurants, financial institutions, or quick-service restaurants (QSRs). With its high traffic count and convenient access points, this location offers unparalleled potential for business growth and profitability. The asking price is $731,808, translating to a land value of $12 per square foot. The property's address is 1655 E Cardinal Dr, Beaumont, TX 77705, within Jefferson County. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving Texas market. Don't miss out on this chance to secure a prime location for your next business venture. The property offers excellent ingress and egress, further enhancing its appeal to potential tenants or owners.

    Property Features for 1655 Cardinal Dr

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • 1.4‑acre commercial land parcel in Beaumont, TX, ideal for various commercial uses.
    • High visibility location at Hwy 69 (Cardinal Dr) & MLK Blvd, with significant frontage on Hwy 69 and Veach Ave.
    • Light Industrial zoning suitable for retail, restaurants, financial institutions, or QSRs.
    • $731,808 asking price, $12/sq ft land value.
    • Address: 1655 E Cardinal Dr, Beaumont, TX 77705 (Jefferson County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.064591336196
    Latitude
    30.033622491823

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    FAQs

    What type of property is this?
    Land - Prime 1.4-acre site, high visibility.
    Where is this land located?
    The property is located at 1655 Cardinal Dr Beaumont, TX.
    What is the asking price?
    The asking price for this property is $731,808.
    What are key features of this property?
    This property features: 1.4-acre commercial land parcel in Beaumont, TX, ideal for various commercial uses.; High visibility location at Hwy 69 (Cardinal Dr) & MLK Blvd, with significant frontage on Hwy 69 and Veach Ave.; Light Industrial zoning suitable for retail, restaurants, financial institutions, or QSRs.
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    1655 Cardinal Dr Beaumont, TX 77705
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    Realmo Value Estimation

    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.

    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.

    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
    1655 Cardinal Dr Beaumont, TX 77705
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