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    OFF-MARKET
    Retail properties & Spaces

    0 Major Dr, Beaumont, TX 77707

    8.21 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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