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    2055 Diamond D Dr Nome, TX 77613

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    For Sale
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    231.5 Acres, Prime Beaumont Location

    Property Features for 2055 Diamond D Dr

    General Information

    Property type
    Land
    Lot Size
    10,084,140 SF

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    Listing Contact
    David Rose
    David Rose

    Listing Agency: Wheeler Commercial Listing Agent: David Rose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 231.5-acre tract presents a unique investment opportunity in Beaumont, Texas. Located within the desirable Hardin-Jefferson ISD, this land is part of a master-planned community, Diamond D Ranch, offering 592 planned lots, with 169 already developed and sold. The property boasts underground utilities, a playground with a splash pad, a 20-acre lake, and a 3-acre fishing pond, along with a community pavilion. Future residents will benefit from sewer services provided by Texas Water Utilities (completion within 12-18 months). Situated in Flood Zone X and possessing an Extra-Territorial Jurisdiction (ETJ) exemption, this land is subject only to county regulations, simplifying development. The strategic location, approximately 50 minutes east of Houston's Highway 99, capitalizes on Southeast Texas's booming growth, fueled by over $80 billion in current and planned industrial projects, over $4.5 billion in infrastructure improvements, and over $460 million in commercial and retail developments. The asking price is $6,944,940, representing a compelling $30,000 per acre. This is the last available raw land outside Beaumont that is not in a floodplain, making it an exceptional opportunity for developers seeking a prime location with significant growth potential. The contiguous 600 acres available for 1,950 lots further enhances the investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nome
    County
    Jefferson
    State
    Texas
    Longitude
    -94.3950646
    Latitude
    30.0020684

    FAQs

    What type of property is this?
    Land - 231.5 Acres, Prime Beaumont Location
    Where is this land located?
    The property is located at 2055 Diamond D Dr Nome, TX.
    What is the asking price?
    The asking price for this property is $6,944,940.
    What are key features of this property?
    This property features: 231.5-acre tract available in Beaumont, TX's Diamond D Ranch master-planned community.; Located in the desirable Hardin-Jefferson ISD, approximately 50 minutes east of Houston's Highway 99.; Last available raw land outside Beaumont outside of a floodplain, with an ETJ exemption simplifying development.
    (337) 884-2378 Call to check price and availability
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    2055 Diamond D Dr Nome, TX 77613
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    Nome, TX 77613
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2055 Diamond D Dr Nome, TX 77613
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Rose
    David Rose
    Real Estate License ID: 736546
    (337) 884-2378 (337) 310-0947 (337) 478-1601
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