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    OFF-MARKET
    Retail properties & Spaces

    5315 College St, Beaumont, TX 77707

    1,050 SF 1 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,050-square-foot medical office building presents a unique investment opportunity in Jefferson County. Situated on a one-acre lot, this single-tenant property boasts a Class B designation and underwent a complete renovation in 2022, ensuring modern functionality and aesthetic appeal. Originally constructed in 1960, the building has been meticulously updated to meet the demands of today's medical practices. The single-story structure offers ample space for a variety of medical uses, with the potential for customization to suit specific needs. The property's convenient location and recent renovation make it an ideal choice for medical professionals seeking a well-maintained and updated space. The building's single-tenant occupancy provides stability and ease of management. The property's history as a former smoke shop has been completely transformed through the recent renovation, offering a fresh start for a new medical tenant. This turnkey solution eliminates the need for extensive renovations, allowing for immediate occupancy and the commencement of operations. The one-acre lot provides ample parking and potential for future expansion. This is a rare opportunity to acquire a fully renovated, single-tenant medical office building in a desirable location. The property's combination of size, location, and recent renovation makes it a highly attractive investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 1,050 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • College St smoke shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    • Smoke Gs (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    • Boost Mobile Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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