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Property profile

0 10.942 Acres Beaumont, TX 77707

OFF-MARKET
Land
10.94 ac lot
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Property summary

AI-generated overview

This exceptional 10.94-acre commercial land parcel presents a unique investment opportunity in Beaumont, Texas. Conveniently located just off Washington Boulevard with easy access from Dylan Drive, this mostly cleared and level property boasts several mature pine trees. The site is ideally situated for a variety of commercial and multi-family developments, offering excellent visibility and accessibility. Zoned RM-M & GC-MD by the city of Beaumont, the property allows for Residential Multiple-Family Dwelling-Medium Density and General Commercial Multiple Family Dwelling District uses. Its strategic location provides easy access to a range of amenities, including nearby restaurants and shopping centers, ensuring high convenience for future residents and businesses. The property's size and zoning make it suitable for a diverse range of projects, from medium-density residential developments to commercial ventures. The existing landscape, featuring a mix of cleared land and mature trees, offers flexibility in design and development plans. This prime location in Jefferson County, Texas, with a 77707 zip code, presents a compelling opportunity for investors seeking high-growth potential in a thriving area. The property's proximity to major roadways ensures excellent connectivity and accessibility, making it an attractive proposition for both residential and commercial development. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential. The asking price is $310,000.

Property profile

Verified
Property type Land
Lot 10.94 ac (476,546 SF)

Cap rate & NOI

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

Location

10.942 Acres Beaumont, TX 77707
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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