Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Magnolia Street Commercial Property Title is generated by Realmo AI

    706 Magnolia St, Beaumont, TX 77701

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial property available for rent on Magnolia Street.

    Type:Office, Special Purpose
    Added:
    Nov 15, 2022
    Days on Market:
    1295
    Last Refresh:
    May 12 at 9:47 pm

    Property Features for 706 Magnolia St

    General Information

    Standard status
    Active
    Property subtype
    Office, Special Purpose

    Building Details

    Year Built
    1932

    Spaces For Lease

    at 706 Magnolia St Contact us

    Available Space 2 $3/Mo

    Size
    200 SF
    Type
    Office, Special Purpose
    Contact us

    We can help!

    Listing Contact
    Tyler Wharton

    Listing agent Tyler Wharton License #123456

    Listing office Tyler Wharton CRE

    Listing date Nov 15, 2022

    Source Crexi

    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 Tyler Wharton CRE

    HighLights

    • Year Built: 1932, offering historical charm and unique character.
    • Curiosity Factor: An intriguing description that sparks interest and invites exploration.
    • Additional details provided to enhance your understanding of this special property.

    Overview

    The commercial property is located on Magnolia Street in Beaumont, Texas. The property is classified as a specialty property and other specialty property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.103994
    Latitude
    30.088655

    Nearby Similar for Lease

    • $0.45 SF/Yr
      18,000 SF

      Versatile Warehouse and Office Space

      18,000 SF warehouse and office space for lease.
      5450 Ave. A, Beaumont, TX
      View Details
    • $15 SF/Yr
      4,684 SF

      Freestanding Strip Center For Sale

      Freestanding strip center in Beaumont, Texas, remodeled in 2024.
      2745 Washington, Beaumont, TX
      View Details
    • $3,750/Mo
      5,000 SF

      Office/Warehouse Space on Old Dowlen

      Office and warehouse space near major transportation routes.
      5805-5815 Old Dowlen Rd, Beaumont, TX
      View Details
    • $6,019/Mo
      7,320 SF

      Office/Warehouse Space on Cardinal Drive

      Lease opportunity: 7,320 SF office/warehouse with excellent accessibility.
      2440 W Cardinal Drive, Beaumont, TX
      View Details
    • $0.75 SF/Yr
      2,550 SF

      Office/Warehouse Complex with Flexible Units

      Multi-tenant office/warehouse complex with centrally located units for lease.
      49-89 Sawyer St, Beaumont, TX
      View Details
    • $500/Mo
      96 SF

      Newly Constructed Office Space

      Newly constructed office space for lease in Beaumont, Texas.
      6632 Phelan Blvd, Beaumont, TX
      View Details
    • Contact for pricing
      8,210 SF

      Modern Industrial Beaumont Office/Warehouse

      Renovated office/warehouse with modern industrial vibe and private parking.
      450 Bowie Street, Beaumont, TX
      View Details
    • $9 SF/Yr
      3,500 SF

      Retail Space Available For Lease

      Retail space available for lease in Beaumont, TX, 3500 SF.
      51 N 11th Street, Beaumont, TX
      View Details
    • $1.50 SF/Yr
      2,000 SF

      Prime Commercial Suite on Major

      Commercial suite for lease on N Major Dr, Beaumont,TX.
      3255 N Major Drive, Beaumont, TX
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Property with Office and Warehouse

      Office and warehouse space with canopies and fenced yard.
      4830 Lafin Dr, Beaumont, TX 77705
      View Details
    • Contact for pricing
      14,670 SF

      Versatile Office/Warehouse Building For Lease

      Spacious office/warehouse on a 3.17-acre corner lot.
      6095 COLLEGE ST, BEAUMONT, TX 77707
      View Details
    • $500/Mo
      400 SF

      Office Space Under Renovation

      Office space for rent in Beaumont, TX, undergoing renovation.
      706 Magnolia Avenue, Beaumont, TX
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for rent on Magnolia Street.
    Where is this specialty property located?
    The property is located at 706 Magnolia St Beaumont, TX.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Year Built: 1932, offering historical charm and unique character.; Curiosity Factor: An intriguing description that sparks interest and invites exploration.; Additional details provided to enhance your understanding of this special property.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tyler Wharton
    Real Estate License ID: 123456
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    706 Magnolia St, Beaumont, TX 77701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!