1655 Cardinal Dr Beaumont, TX 77705
This exceptional 1.4-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, Texas. Strategically located at the intersection of Highway 69 (Cardinal Drive) and MLK Boulevard, this property boasts significant frontage: approximately 400 feet along Highway 69 and 387 feet along Veach Avenue. The site's prime location ensures excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Zoned for Light Industrial use, the property is well-suited for retail establishments, restaurants, financial institutions, or quick-service restaurants (QSRs). With its high traffic count and convenient access points, this location offers unparalleled potential for business growth and profitability. The asking price is $731,808, translating to a land value of $12 per square foot. The property's address is 1655 E Cardinal Dr, Beaumont, TX 77705, within Jefferson County. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving Texas market. Don't miss out on this chance to secure a prime location for your next business venture. The property offers excellent ingress and egress, further enhancing its appeal to potential tenants or owners.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.