Property profile

0 Major Dr Beaumont, TX 77707

OFF-MARKET
Retail properties & Spaces
8.21 ac lot
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Property summary

AI-generated overview

This exceptional 8.21 +/- acre property in Beaumont, Texas, presents a remarkable investment opportunity. Located on South Major Drive in Jefferson County, zip code 77707, this highly visible parcel boasts approximately 707 +/- feet of frontage. Currently zoned R-S (Residential Single Family Dwelling District), prospective buyers are strongly advised to independently verify zoning and confirm intended use compliance with Beaumont's City Zoning Ordinance. The site's strategic location offers easy access to major thoroughfares, including College Street (1.1 +/- miles north), Walden Road (0.9 +/- miles south), and Interstate 10 (3.0 +/- miles south). Its proximity to established retail centers and restaurants enhances its commercial viability. The property's exceptional visibility and accessibility make it ideal for a variety of developments, including multi-family housing, townhomes, assisted living facilities, or professional office space. Across Major Drive, the property sits opposite Focused Care at Summer Place (short-term rehabilitation, long-term care, and post-operative recovery) and Pelican Bay (assisted living and memory care), creating a synergistic environment. The asking price for this significant land parcel is $1,400,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 8.21 ac (357,628 SF)

Cap rate & NOI

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

Location

Major Dr Beaumont, TX 77707
Beaumont metro
Google Maps

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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