For sale
Office Units
TX
Beaumont
77707
3920 Phelan Blvd

High Profile Beaumont Commercial Property

3920 Phelan Blvd, Beaumont, TX 77707

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For Sale

Contact for pricing

Commercial property with long-term tenant and multiple structures for sale.

Type:Industrial, Office

Property size:

4,660 SF

Lot size:

0.48 Acres

Price / SF:

$160/SF

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.
Includes a main office (+/-2,236 SF) and a shop building (+/-1,800 SF).
Main building features 5 offices and restrooms.
+\/-.48 acre lot with roughly 15,400 SF of concrete and 15 parking spaces.

We can help!

Listing Contact

Ryan Harrington

For Sale

Contact for pricing

Commercial property with long-term tenant and multiple structures for sale.

Type:Industrial, Office

Property size:

4,660 SF

Lot size:

0.48 Acres

Price / SF:

$160/SF

Added:: Sep 17, 2024
Days on Market:: 632
Last Refresh:: May 12 at 9:02 pm

Property Features for 3920 Phelan Blvd

General Information

Standard status: Active
Size: 4,660 SF
Lot size: 0.48 Acres
Property subtype: Industrial, Office

We can help!

Listing Contact

Ryan Harrington

Listing agent Ryan Harrington License #TX 0558472

Listing office RE/MAX One - Beaumont

Listing date Sep 17, 2024

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 RE/MAX One - Beaumont

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.
Includes a main office (+/-2,236 SF) and a shop building (+/-1,800 SF).
Main building features 5 offices and restrooms.
+\/-.48 acre lot with roughly 15,400 SF of concrete and 15 parking spaces.

Overview

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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $53,977 @ 7.0% cap · market cap 7.20%

Second Best

Retail

$741.9K

$649.2K – $865.6K (±1% cap)

NOI $51,934 @ 7.0% cap · market cap 6.92%

Theoretical Best

Office A

$1.10M

$962.9K – $1.28M (±1% cap)

NOI $77,035 @ 7.0% cap · market cap 10.27%

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

Property Profile Location Intelligence

Current Use by Public Records

AKA Laminating Marketing & Advertising

Suggested Use

Location Insight

Map
Local Demand

City: Beaumont
County: Jefferson
State: Texas
Longitude: -94.1439362
Latitude: 30.084697

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For sale
Office Units
TX
Beaumont
77707
3920 Phelan Blvd

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.