2005 Magnolia St Beaumont, TX 77703-5519
- Auto shops
- 3,099 SF
- 0.32 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2005 Magnolia St
- Year built
- 1938
- Lot size
- 0.32 lot acres
- Property size
- 3,099 SF
- Property type
- Auto shops
- APN
- 046650-000-056900-00000
- APU
- 4665000005690000000
Description
This versatile Beaumont, Texas commercial property, located at 2005 Magnolia Street, offers 3,595 square feet of space across two single-story buildings on a 0.52-acre lot (150ft x 150ft). Each building has its own electric meter. The main building features a recently repaired roof with a WPI-8 in place. Currently zoned General Commercial (GC-MD) by the City of Beaumont, this property allows for a wide range of commercial uses. Built in 1938, this Class C property includes 3,595 square feet of net rentable space, ideal for an auto shop, convenience store, or storefront. The asking price is $50,000. While some work may be needed to meet current city codes, the seller is motivated to sell. This presents a unique opportunity for investors or business owners seeking a prime location in a busy area of Beaumont. The property's location at the northwest corner of Magnolia Street and Isla Avenue provides excellent visibility and accessibility.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $295,000 Current use
- COMMERCIAL (GENERAL)
- $420,000 Change: +41% Conversion: Moderate
- RETAIL STORES
- $345,000 Change: +17% Conversion: Difficult
- MEDICAL BUILDING
- $270,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Beaumont
- County
- Jefferson
- State
- Texas
- Longitude
- -94.105
- Latitude
- 30.0989
- CBSA code
- 13140
- CBSA name
- BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
