0 Major Dr, Beaumont, TX 77707
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.
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.