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    3700 Eastex Fwy Beaumont, TX 77703

    For Sale
    $6,845,018

    10 Acres, Prime Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 10.48-acre commercial and residential land parcel presents a rare investment opportunity in Beaumont, Texas. Located at 3700 Eastex Fwy (Hwy. 69/96/287), this property boasts 438 feet of high-visibility frontage on Eastex Freeway and an additional 287 feet of frontage on Pinkston Drive. Situated in a thriving retail area adjacent to Home Depot, this strategically located lot is zoned GC-MD, representing the largest commercially zoned tract available between I-10 and Hwy. 105. Priced at $15 per square foot, totaling $6,845,018, this property offers significant potential for development. The land has undergone environmental cleanup and site clearing, making it ready for immediate construction. 2022 property taxes were $18,843. The property's Jefferson County APN is 255414-000-001700-00000. Please note a deed restriction prohibits the sale and/or lease of motor vehicles and their parts

    Property Features for 3700 Eastex Fwy

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -94.140708076505
    Latitude
    30.113131208702

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    FAQs

    What type of property is this?
    Land - 10 Acres, Prime Commercial Land
    Where is this land located?
    The property is located at 3700 Eastex Fwy Beaumont, TX.
    What is the asking price?
    The asking price for this property is $6,845,018.
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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
    3700 Eastex Fwy Beaumont, TX 77703
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