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    3129 College St Beaumont, TX 77701

    For Sale
    $2,000,000

    23,661 SF Medical/Executive Office For Sale

    Property size:
    23,661 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 23,661-square-foot Class B medical office building in Beaumont, Texas, is strategically located across College Street from Baptist Hospital and adjacent to the Beaumont Pediatric Center. Its prime location also offers convenient access to Christus St. Elizabeth Hospital, within a 5-minute radius. Currently, approximately 79% of the single-story building is leased to a diverse tenant mix including The Wilgers Clinic, WellBeing Family Practice, Gentiva Hospice, and Colgan Industries. The property features multiple exam rooms, consultation rooms, offices, waiting rooms, and administrative areas, catering to a variety of medical and executive office needs. Available lease suites range from approximately 1,731 to 3,256 square feet. Recent upgrades include a fire alarm system update within the last two years and a chiller replacement in 2022. The 3.17-acre lot is zoned GC-MD, offering flexibility and potential for future expansion. This turnkey investment opportunity is priced at $2,000,000, or $84.53 per square foot. The property's strong occupancy rate, desirable location, and recent improvements make it an attractive investment for discerning buyers seeking a stable and high-performing asset in a thriving healthcare market.

    Property Features for 3129 College St

    General Information

    Property type
    Medical offices
    Square Feet
    23,661 SF
    Class
    B
    Lot Size
    138,085 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $2,000,000 asking price for a 23,661 SF Class B office building.
    • Located at 3129 College St, Beaumont, TX 77701, on a 3.17‑acre lot.
    • Single‑story building with GC‑MD zoning, currently 79% leased to tenants including medical practices and other businesses.
    • Features multiple exam rooms, consultation rooms, offices, waiting rooms, and administrative areas.
    • Recent improvements include a new chiller (2022) and updated fire alarm system (within the last 2 years).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Jerry S. ... Ophthalmologist Kenneth D. Wilgers ... Family Practice Physician Diaz-Saldana Alberto MD Ophthalmologist Gentiva Hospice Hospice Pranav Bhatt, MD ... Family Practice Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.12182427423
    Latitude
    30.066646398286

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    FAQs

    What type of property is this?
    Medical office - 23,661 SF Medical/Executive Office For Sale
    Where is this medical office located?
    The property is located at 3129 College St Beaumont, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for a 23,661 SF Class B office building.; Located at 3129 College St, Beaumont, TX 77701, on a 3.17-acre lot.; Single-story building with GC-MD zoning, currently 79% leased to tenants including medical practices and other businesses.
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    3129 College St Beaumont, TX 77701
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    Beaumont, TX 77701
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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
    3129 College St Beaumont, TX 77701
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