Technical
Financial
Distress signals
Property profile

1650 W Cardinal Dr Beaumont, TX 77705

FOR SALE
Grocery and convenience stores
Property ID
US82-4360847
4,849 SF 6.95 ac lot Built 1995
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This 4.9501-acre irregular-shaped land tract is located on West Cardinal Drive with frontage on both West Cardinal (Hwy 69) and Florida Avenue. The site provides access to I-10 and US Hwy 69 and is situated near Lamar University. Zoning is indicated as GC-MD, subject to verification with the City. The land is identified for potential office, retail, or multi-family use, and is characterized by an Average Daily Traffic (ADT) level of 68,589.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1995
Total area 4,849 SF
Lot 6.95 ac (302,712 SF)
APN 233220-000-007400-00000
UPID US82-4360847

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm

Location

1650 W Cardinal Dr Beaumont, TX 77705
Beaumont metro Census 2600 BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$830k
Comparable Approach Comparable
$866k
Blend (final) Blend
$850k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $680,000 +10.1%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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