Property profile

0000 Griffing Rd Beaumont, TX 77713

OFF-MARKET
Land
90.16 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 90.16 ac (3,927,370 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0000 Griffing Rd Beaumont, TX 77713
Beaumont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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