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    0000 Griffing Rd Beaumont, TX 77713

    For Sale
    $2,479,400

    90 Acres, Multi-Family Zoning, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 90.16-acre property presents a remarkable development opportunity in Beaumont, Texas. Located conveniently near Griffing Place and Griffing Road, this expansive land parcel is divided into five tracts, offering flexibility for various projects. The property boasts beautiful, lush wooded areas, creating a serene and desirable setting. Its prime location is just five minutes away from Beaumont's vibrant retail center, providing easy access to a wide array of restaurants and shopping options. The land is zoned for both residential and multi-family use, opening doors to a range of development possibilities, from single-family homes to larger residential complexes. The asking price is $2,479,400. It's important to note that the seller will retain all mineral rights associated with the property. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Jefferson County, offering substantial potential for future appreciation and development. The property's address is 0000 Griffing Road, Beaumont, TX 77713. This is a for sale by owner listing.

    Property Features for 0000 Griffing Rd

    General Information

    Property type
    Land
    Lot Size
    3,927,370 SF

    HighLights

    • $2,479,400 asking price.
    • 90.16‑acre residential land parcel in Beaumont, TX.
    • Zoned for residential and multi‑family development.
    • Located near Beaumont's retail hub.
    • Seller retains mineral rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.182971706907
    Latitude
    30.145920545895

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    FAQs

    What type of property is this?
    Land - 90 Acres, Multi-Family Zoning, TX
    Where is this land located?
    The property is located at 0000 Griffing Rd Beaumont, TX.
    What is the asking price?
    The asking price for this property is $2,479,400.
    What are key features of this property?
    This property features: $2,479,400 asking price.; 90.16-acre residential land parcel in Beaumont, TX.; Zoned for residential and multi-family development.
    (409) 892-7245
    Request Owner's contact information
    0000 Griffing Rd Beaumont, TX 77713
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    Beaumont, 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
    0000 Griffing Rd Beaumont, TX 77713
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