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    1650 Cardinal Dr Beaumont, TX 77705

    For Sale
    $1,401,571

    4.95 Acres, Hwy 69 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.95-acre commercial land parcel presents a unique investment opportunity in Beaumont, Texas. Strategically located on West Cardinal Drive (Hwy 69) and Florida Avenue, the property boasts fantastic visibility and easy access to I-10 and US Hwy 69, ensuring high traffic exposure. The lot, while irregularly shaped, offers significant development potential for a variety of uses. The permitted zoning is GC-MD (verification with the city is recommended). Its proximity to Lamar University adds to its appeal, tapping into a substantial population base. The property's high visibility and convenient location make it ideal for office, retail, or multi-family development. The 2017 estimated property taxes were $4,955.37. With an asking price of $1,401,571 and a land value of $6.50 per square foot, this property represents a compelling investment in a thriving Texas market. The address is 1650 W Cardinal Dr, Beaumont, TX 77705, situated in Jefferson County. The average daily traffic count (ADT) is 68,589, underscoring the high volume of potential customers. This is a rare opportunity to acquire a significant commercial tract in a high-growth area. Don't miss out on this chance to secure a prime piece of Beaumont real estate.

    Property Features for 1650 Cardinal Dr

    General Information

    Property type
    Land
    Lot Size
    215,622 SF

    HighLights

    • 4.95‑acre commercial land parcel in Beaumont, TX.
    • Frontage on West Cardinal Drive (Hwy 69) and Florida Avenue.
    • Excellent visibility and high traffic counts (68,589 ADT).
    • Suitable for office, retail, or multi‑family development.
    • Easy access to I‑10 and US Hwy 69.
    • Zoned GC‑MD (buyer to verify).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exxpress Mart #29 Convenience Store ATM (Fastlane) Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.0991272
    Latitude
    30.0351496

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    FAQs

    What type of property is this?
    Land - 4.95 Acres, Hwy 69 Frontage
    Where is this land located?
    The property is located at 1650 Cardinal Dr Beaumont, TX.
    What is the asking price?
    The asking price for this property is $1,401,571.
    What are key features of this property?
    This property features: 4.95-acre commercial land parcel in Beaumont, TX.; Frontage on West Cardinal Drive (Hwy 69) and Florida Avenue.; Excellent visibility and high traffic counts (68,589 ADT).
    Request Owner's contact information
    1650 Cardinal Dr Beaumont, TX 77705
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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
    1650 Cardinal Dr Beaumont, TX 77705
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