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    FOR SALE
    Banks

    1810 N Major Dr, Beaumont, TX 77713

    31,224 SF 11.34 ac lot Built 2005
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US82-4143713
    Property summary
    AI-generated overview

    This exceptional 4.506-acre commercial land parcel in Beaumont, Texas, presents a remarkable investment opportunity. Located at 1810 N Major Dr, in Jefferson County, zip code 77713, this strategically positioned property offers immediate access to high traffic volume, averaging 9,300 vehicles per day on Delaware Street. Its adjacency to Rave Financial ensures high visibility and convenient access for potential businesses. The property's prime location places it within minutes of a wealth of amenities, including Parkdale Mall, diverse restaurants, grocery stores, and pharmacies, catering to a large and established customer base. This makes it an exceptionally attractive site for retail development or professional office spaces. The seller is open to considering the division of the property, offering flexibility for various development scenarios. The asking price for this exceptional land is $2,250,000. This is a rare opportunity to acquire a well-located, sizable tract of land in a thriving Beaumont commercial area. Don't miss out on this chance to secure a prime piece of real estate with significant development potential.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2005
    Total area 31,224 SF
    Lot 11.34 ac (493,753 SF)
    APN 300056-000-016100-00000
    UPID US82-4143713
    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
    Current use
    Occupant on record · Public records
    • Rave Financial Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.01M
    Owner & transaction history
    Merde Group LLC · 5 yrs held
    Merde Group LLC
    since 2020
    2 recorded transactions
    2020
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.1M +15.2%
    Medical building $2.7M +1.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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