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    2987 Concord Rd Beaumont, TX 77703

    For Sale
    $175,000

    37 Acres, High Visibility, $175,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 37.128-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, Texas. Strategically located in the heart of the city's thriving business district, this property boasts significant frontage on Concord Road, offering unparalleled visibility and accessibility. Zoned for commercial and industrial uses, this expansive lot provides ample space for a wide range of development projects. The asking price is $175,000, translating to a land value of $23,500 per square foot. Detailed site analysis reveals a substantial 208-foot frontage, ideal for businesses requiring high visibility and convenient access. Its proximity to Delaware Street further enhances its strategic location within the Beaumont commercial corridor. The property's address is 2987 Concord Rd, Beaumont, TX 77703, situated in Jefferson County. This prime location offers exceptional potential for developers and investors seeking a significant land holding in a dynamic and growing market. The expansive acreage allows for diverse development possibilities, catering to a wide spectrum of commercial and industrial ventures. This is a rare opportunity to acquire a substantial land parcel in a highly desirable area of Beaumont. Don't miss this chance to secure a prime piece of real estate in a thriving Texas market.

    Property Features for 2987 Concord Rd

    General Information

    Property type
    Land
    Lot Size
    1,617,295,680 SF

    HighLights

    • .85‑acre commercial lot with 208 feet of frontage on Delaware Street.
    • Prime location near Delaware Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.122572
    Latitude
    30.105841

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    FAQs

    What type of property is this?
    Land - 37 Acres, High Visibility, $175,000
    Where is this land located?
    The property is located at 2987 Concord Rd Beaumont, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: .85-acre commercial lot with 208 feet of frontage on Delaware Street.; Prime location near Delaware Street.;
    (800) 374-0316
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    2987 Concord Rd Beaumont, TX 77703
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    Beaumont, TX 77703
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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
    2987 Concord Rd Beaumont, TX 77703
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