High Profile Beaumont Commercial
3920 Phelan Blvd Beaumont, TX 77707
For Sale
Contact for pricing
Commercial property with long-term tenant and multiple structures for sale.
Property Size4,660 SF
Lot Size0.48 Acres
Price / SF$160.94
Days on Market680
Property Features for 3920 Phelan Blvd
General Information
Standard status
Active
Size
4,660 SF
Lot size
0.48 Acres
Property subtype
Industrial, Office
Listing Agency:
RE/MAX One - Beaumont
(409) 892-7245
Listed By:
Ryan Harrington · License #TX 0558472
Source:
Crexi
Added: Sep 17, 2024
Changed: Jul 10
Last Checked: Jul 27 at 2:29PM
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 RE/MAX One - Beaumont
Investment Insights
Based on property information with market context.
This high-profile commercial property is located on the northeast corner of Phelan Boulevard and 24th Street. The property includes several structures totaling approximately 4,660 square feet on approximately 0.48 acres. There is roughly 15,400 square feet of concrete and 15 parking spaces. The structures include a main office of approximately 2,236 square feet, a shop building of approximately 1,800 square feet, a heated and cooled shop of approximately 336 square feet, and a detached office of approximately 228 square feet. The main office building contains five offices and restrooms. The property is currently tenanted by Image 360.
Key Highlights
- High‑profile corner location on Phelan Boulevard and 24th Street.
- Long‑tenure tenant (Image 360) in place.
- Multiple structures totaling +\/-4,660 SF, offering versatile usage.
Financial Insights For Office B
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 | $92.3k | $19.80 |
| − Vacancy | −$20.3k | −$4.36 |
| EGI | $72.0k | $15.44 |
| − OpEx | −$18.0k | −$3.86 |
| NOI | $54.0k | $11.58 |
4,660 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$771.1K
$674.7K – $899.6K
NOI $53,977 @ 7.0% cap · market cap 7.20%
Second Best
Flex RnD
$661.5K
$578.8K – $771.8K
NOI $46,307 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$1.10M
$962.9K – $1.28M
NOI $77,035 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Commercial property with long-term tenant and multiple structures for sale.
Where is this office units located?
The property is located at 3920 Phelan Blvd Beaumont, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High‑profile corner location on Phelan Boulevard and 24th Street.; Long‑tenure tenant (Image 360) in place.; Multiple structures totaling +\/-4,660 SF, offering versatile usage.
