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    105 & Raines Rd Bevil Oaks, TX 77713

    For Sale
    $748,796

    7.64 Acres, High Traffic, Retail Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.64-acre development site in Beaumont, Texas, presents a compelling investment opportunity. Located at the highly visible corner of Highway 105 and Raines Road in Jefferson County (zip code 77713), this property boasts 253+ feet of frontage on Raines Road. The asking price is $748,796, translating to a land value of $2.25 per square foot. The site's strategic location benefits from a high volume of daily traffic exceeding 12,000 vehicles. A significant retail gap of over $53 million exists within the immediate area, as indicated in a market report (available upon request). The surrounding area has a population of over 8,400 within a 10-minute drive, providing a substantial customer base. This property is ideally suited for a variety of commercial developments, including grocery stores, retail strip centers, and restaurants. The presence of numerous new residential rooftops further strengthens the potential for success. Detailed information and supporting documentation are available. Don't miss this chance to acquire a prime development site in a thriving Texas market.

    Property Features for 0 105 & Raines Rd

    General Information

    Property type
    Land
    Lot Size
    332,798 SF

    HighLights

    • $2.25 per square foot land price.
    • High density of new residential construction.
    • High‑visibility corner lot at Highway 105 and Raines Road.
    • 253+ feet of frontage on Raines Road.
    • Ideal site for grocery store or retail strip center.
    • Excellent restaurant opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bevil Oaks
    County
    Jefferson
    State
    Texas
    Longitude
    -94.2782354
    Latitude
    30.1352382

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    FAQs

    What type of property is this?
    Land - 7.64 Acres, High Traffic, Retail Potential
    Where is this land located?
    The property is located at 105 & Raines Rd Bevil Oaks, TX.
    What is the asking price?
    The asking price for this property is $748,796.
    What are key features of this property?
    This property features: $2.25 per square foot land price.; High density of new residential construction.; High-visibility corner lot at Highway 105 and Raines Road.
    Request Owner's contact information
    105 & Raines Rd Bevil Oaks, TX 77713
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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
    105 & Raines Rd Bevil Oaks, TX 77713
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