Technical
Financial
Distress signals
Property profile

1475 Washington Blvd Beaumont, TX 77705

FOR SALE
Grocery and convenience stores
Property ID
US83-3954544
1,350 SF 0.48 ac lot Built 1978
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.48-acre commercial land parcel presents a compelling redevelopment opportunity in the thriving Beaumont, Texas market. Located at 1475 Washington Blvd, this property boasts approximately 150 feet of frontage on Washington Boulevard, providing excellent visibility and accessibility. The convenient location offers quick access to Highway 380, ensuring seamless connectivity throughout the region. Benefiting from a highly desirable GCMD zoning designation, this site is ideally positioned for a variety of commercial ventures. The property sits adjacent to established businesses such as Valero and AutoZone, further enhancing its appeal and potential. With a total asking price of $240,000, the land value is priced competitively at $11.48 per square foot. The Jefferson County location, with a zip code of 77705, offers a strategic advantage for businesses seeking a prominent presence in this dynamic area. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential. The APN is 001951-000-020000-00000. Don't miss this chance to secure a prime piece of Beaumont real estate.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1978
Total area 1,350 SF
Lot 0.48 ac (20,996 SF)
APN 001951-000-020000-00000
UPID US83-3954544

Cap rate & NOI

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

Location

1475 Washington Blvd Beaumont, TX 77705
Beaumont metro Census 2400 BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2007
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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