Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2500 Major Dr Beaumont, TX 77707
    Back to Search
    Property profile & analytics

    2500 Major Dr, Beaumont, TX 77707

    View on Map
    • Land
    • 15.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2500 Major Dr

    Lot size
    15.00 lot acres
    Property type
    Land

    Description

    This exceptional 15-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, Texas. Located at 2500 S Major Dr, in Jefferson County (zip code 77707), this property boasts a desirable location behind Pelican Bay Assisted Living Community and Focused Care Summer Place Nursing Home. The land is zoned for General Commercial use (MD-2), offering significant development potential. Priced competitively at $1,856,800, or $3 per square foot, this represents a strong value proposition for astute investors. The property's APN is 231318-000-027340-00000. A significant portion of the land (approximately 5 acres) is already equipped with utilities, a result of previous development efforts by the seller. This pre-existing infrastructure significantly reduces development costs and timelines. The seller is open to dividing the property, providing flexibility for various development scenarios. This prime location, coupled with the existing infrastructure and favorable zoning, makes this a truly exceptional opportunity for commercial development in a thriving area of Beaumont. The property's coordinates are 30.0514493 latitude and -94.1903893 longitude.

    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
    -94.1904
    Latitude
    30.0514

    Comparable in this City

    • Value Estimation by Request
      122.00 Acres

      Walden Rd

      Land
      0 Walden Rd, Beaumont, TX 77707
      View Details
    • Value Estimation by Request
      25.00 Acres

      6015 College St

      Land
      6015 College St, Beaumont, TX 77707
      View Details
    • Value Estimation by Request
      4.00 Acres

      0325-000-000900-00000

      Land
      0 0325-000-000900-00000, Beaumont, TX 77707
      View Details
    • Value Estimation by Request
      10.94 Acres

      10.942 Acres

      Land
      0 10.942 Acres, Beaumont, TX 77707
      View Details
    • Value Estimation by Request
      135.00 Acres

      135 Acres Beaumont

      Land
      135 Acres Beaumont, Beaumont, TX 77707
      View Details
    • Value Estimation by Request
      7.10 Acres

      920 Chamberlin Dr

      Land
      920 Chamberlin Dr, Beaumont, TX 77707
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      8.21 Acres of Land

      8.21 acres of land available for sale.
      S Major Dr, Beaumont, TX 77707
      View Details
    • Contact for pricing

      Land For Sale Beaumont, TX

      Land available for purchase in Beaumont, Texas.
      1120 Wescalder Rd, Beaumont, TX 77707
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale at 4145 College Street.
      4145 College St, Beaumont, TX 77707
      View Details
    • Contact for pricing

      Land For Sale Beaumont, TX

      Land available for purchase in Beaumont, Texas.
      9050-9316 Baker Rd, Beaumont, TX 77707
      View Details
    • Contact for pricing

      2.30 Acres Land For Sale

      2.30 acres of land available for purchase.
      2170 S Major Dr, Beaumont, TX 77707
      View Details

    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
    • Contact for pricing

      Beaumont Land for Fleet Storage

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

      Move-in Ready Office Space

      Office space for rent with utilities included in Beaumont.
      1310 I-10 S, Beaumont, TX 77707
      View Details
    • Contact for pricing
      17,561 SF

      Medical Office Space Available

      Medical office building in Beaumont, TX, with upgrade potential.
      3345-3395 Plz 10 Blvd, Beaumont, TX 77707
      View Details
    • Contact for pricing

      Move-In Ready Commercial Space

      Commercial space for rent with utilities and WiFi included.
      1310 I-10 S, Beaumont, TX 77707
      View Details
    • Contact for pricing

      Insulated Warehouse in Industrial Park

      Move-in ready, fully climate-controlled warehouse space for lease.
      6580-6584 Westwood Blvd, Beaumont, TX 77707
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Major Dr
    Beaumont, TX 77707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2500 Major Dr, Beaumont, TX, 77707
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!