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    6015 College St Beaumont, TX 77707

    • Land
    • 25.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6015 College St

    Lot size
    25.00 lot acres
    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.1601
    Latitude
    30.0644

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      2500 Major Dr

      Land • 15.00 Acres
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    • Value Estimation by Request
      3.38 Acres

      8615 College St

      Land • 3.38 Acres
      8615 College St, Beaumont, TX 77707
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    • Value Estimation by Request
      0.65 Acres

      3350 Mcfaddin Ave

      Land • 10,000 SF
      3350 Mcfaddin Ave, Beaumont, TX 77707
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    • Value Estimation by Request
      122.00 Acres

      Walden Rd

      Land • 122.00 Acres
      0 Walden Rd, Beaumont, TX 77707
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      135.00 Acres

      135 Acres Beaumont

      Land • 135.00 Acres
      135 Acres Beaumont, Beaumont, TX 77707
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      7.10 Acres

      920 Chamberlin Dr

      Land • 7.10 Acres
      920 Chamberlin Dr, Beaumont, TX 77707
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    Similar Nearby for Sale

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      8.21 Acres of Land

      8.21 acres of land available for sale.
      S Major Dr, Beaumont, TX 77707
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      Land For Sale Beaumont, TX

      Land available for purchase in Beaumont, Texas.
      1120 Wescalder Rd, Beaumont, TX 77707
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      Land Available For Sale

      Land available for sale at 4145 College Street.
      4145 College St, Beaumont, TX 77707
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      Land Available in Beaumont, TX

      Land available for sale in Beaumont, Texas.
      N Major Dr, Beaumont, TX 77707
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    Similar Nearby for Lease

    • Contact for pricing
      111,888 SF

      Land Available For Lease

      Land for lease at 5315 College St, Beaumont, TX.
      5315 College St, Beaumont, TX 77707
      View Details
    • $2,400 /Mo

      Beaumont Land for Fleet Storage

      2-acre partially rocked yard ideal for fleet vehicles/equipment storage.
      4750 Belmont St, Beaumont, TX 77707
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    • Contact for pricing

      Lindbergh Drive Commercial Land

      1.58 acre commercial land with frontage on Lindbergh Drive.
      1390 Lindbergh Dr, Beaumont, TX 77707
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      1,550 SF

      Beaumont Flex / Industrial Space

      Flex / Industrial space available for lease in Beaumont, TX.
      6564 College St, Beaumont, TX 77707
      View Details
    • $0.65 SF/Yr
      13,920 SF

      Office/Warehouse Near IH-10/Hwy 69

      Office/warehouse space available for lease near IH-10/Hwy 69.
      4960 Washington Blvd, Beaumont, TX 77707
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    • Contact for pricing

      Clean Warehouse Space For Rent

      Clean warehouse space with ample parking available for rent.
      6550 College St, Beaumont, TX 77707
      View Details
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    6015 College St
    Beaumont, TX 77707
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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
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