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    Major Dr Beaumont, TX 77707

    For Sale
    $1,400,000

    Prime Beaumont location, restaurant-zoned land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.21 +/- acre property in Beaumont, Texas, presents a remarkable investment opportunity. Located on South Major Drive in Jefferson County, zip code 77707, this highly visible parcel boasts approximately 707 +/- feet of frontage. Currently zoned R-S (Residential Single Family Dwelling District), prospective buyers are strongly advised to independently verify zoning and confirm intended use compliance with Beaumont's City Zoning Ordinance. The site's strategic location offers easy access to major thoroughfares, including College Street (1.1 +/- miles north), Walden Road (0.9 +/- miles south), and Interstate 10 (3.0 +/- miles south). Its proximity to established retail centers and restaurants enhances its commercial viability. The property's exceptional visibility and accessibility make it ideal for a variety of developments, including multi-family housing, townhomes, assisted living facilities, or professional office space. Across Major Drive, the property sits opposite Focused Care at Summer Place (short-term rehabilitation, long-term care, and post-operative recovery) and Pelican Bay (assisted living and memory care), creating a synergistic environment. The asking price for this significant land parcel is $1,400,000.

    Property Features for 0 Major Dr

    General Information

    Property type
    Restaurants
    Lot Size
    357,628 SF

    HighLights

    • 8.21+/- acres (per JCAD).
    • 707+/- feet of frontage on major drive.
    • R‑S Residential Single Family zoning (Buyer to verify).
    • Proximity to retail and restaurants.
    • High visibility.
    • Easy access to College St (1.1 mi N), Walden Rd (0.9 mi S), I‑10 (3.0 mi S).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.189367
    Latitude
    30.0463427

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    FAQs

    What type of property is this?
    Restaurant - Prime Beaumont location, restaurant-zoned land.
    Where is this restaurant located?
    The property is located at Major Dr Beaumont, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 8.21+/- acres (per JCAD).; 707+/- feet of frontage on major drive.; R-S Residential Single Family zoning (Buyer to verify).
    Request Owner's contact information
    Major Dr Beaumont, TX 77707
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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
    Major Dr Beaumont, TX 77707
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