1650 W Cardinal Dr Beaumont, TX 77705
For Sale
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This exceptional 4.95-acre commercial land parcel presents a unique investment opportunity in Beaumont, Texas. Strategically located on West Cardinal Drive (Hwy 69) and Florida Avenue, the property boasts fantastic visibility and easy access to I-10 and US Hwy 69, ensuring high traffic exposure. The lot, while irregularly shaped, offers significant development potential for a variety of uses. The permitted zoning is GC-MD (verification with the city is recommended). Its proximity to Lamar University adds to its appeal, tapping into a substantial population base. The property's high visibility and convenient location make it ideal for office, retail, or multi-family development. The 2017 estimated property taxes were $4,955.37. With an asking price of $1,401,571 and a land value of $6.50 per square foot, this property represents a compelling investment in a thriving Texas market. The address is 1650 W Cardinal Dr, Beaumont, TX 77705, situated in Jefferson County. The average daily traffic count (ADT) is 68,589, underscoring the high volume of potential customers. This is a rare opportunity to acquire a significant commercial tract in a high-growth area. Don't miss out on this chance to secure a prime piece of Beaumont real estate.
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Exxpress Mart #29 Grocery & Convenience Store
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ATM (Fastlane) Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.