0 M L King Jr Pkwy Beaumont, TX 77705
This exceptional mixed-use property, located at M L King Jr Pkwy in Beaumont, Texas (zip code 77705), presents a significant investment opportunity. Currently configured as a church, the 5,904 square foot building sits on a substantial 39,204 square foot lot, offering ample space and potential for diverse uses. The property boasts high visibility due to its prime location and benefits from a large, 8,734 square foot parking lot, ensuring convenient access for patrons and employees. The asking price is $395,000. This property is ideal for investors seeking a versatile asset with strong potential for future growth and development in a thriving Texas community. The Jefferson County location offers easy access to major transportation routes, enhancing its appeal to a wide range of potential buyers and tenants. The substantial land area provides significant expansion possibilities, allowing for future development or adaptation to meet evolving market demands. This is a rare opportunity to acquire a well-positioned mixed-use property in a desirable location. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.