Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3460 Delaware St Beaumont, TX 77706

    • Commercial land
    • 0.26 lot acres
    For Sale
    View listing
    $198,900
    Last Sale
    Dec 01, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3116239
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 3460 Delaware St

    Lot size
    0.26 lot acres
    Property type
    Commercial land
    APN
    021750-000-003100-00000
    APU
    2175000000310000000

    Description

    This exceptional 0.57-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, Texas. Situated at the highly visible signalized corner of Eastex Freeway (Highway 69) and Delaware Street, this property boasts approximately 345 feet of frontage on Eastex Freeway, ensuring maximum exposure for any development. The lot is zoned NC – Neighborhood Commercial (verification with the City of Beaumont is recommended). Its prime location makes it ideal for a variety of commercial uses, including office and retail spaces. Preliminary estimates suggest the potential to construct a building ranging from 3,000 to 4,000 square feet. The asking price is $198,900, translating to approximately $8.00 per square foot. While a billboard easement exists, it does not generate any current income. This well-lit corner location offers unparalleled visibility and accessibility, making it a truly exceptional opportunity for businesses seeking a high-impact presence in a thriving area. The property is located at 3460 Delaware St, Beaumont, TX 77706, in Jefferson County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.1373
    Latitude
    30.1048
    CBSA code
    13140
    CBSA name
    BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,116
    $88,061
    $0.00
    $88,061
    -
    $88,061
    $0.00
    $88,061

    Comparable in this City

    • Value Estimation by Request
      0.29 Acres

      6790 Phelan Blvd

      VACANT COMMERCIAL LAND • 0.29 Acres
      6790 Phelan Blvd, Beaumont, TX 77706-5968
      View Details
    • Value Estimation by Request
      0.36 Acres

      Phelan Blvd

      VACANT COMMERCIAL LAND • 0.36 Acres
      Phelan Blvd, Beaumont, TX 77706
      View Details
    • Value Estimation by Request
      0.13 Acres

      Phelan Blvd

      VACANT COMMERCIAL LAND • 0.13 Acres
      Phelan Blvd, Beaumont, TX 77706
      View Details
    • Value Estimation by Request
      0.11 Acres

      11 Byu Brandt

      VACANT COMMERCIAL LAND • 0.11 Acres
      11 Byu Brandt, Beaumont, TX 77706-2618
      View Details
    • Value Estimation by Request
      0.56 Acres

      5715 Cole Rd

      VACANT COMMERCIAL LAND • 0.56 Acres
      5715 Cole Rd, Beaumont, TX 77706-6501
      View Details
    • Value Estimation by Request
      0.14 Acres

      5999 Delaware St

      VACANT COMMERCIAL LAND • 0.14 Acres
      5999 Delaware St, Beaumont, TX 77706-7607
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Prime Commercial Land on Eastex

      Highly visible 2.94-acre commercial tract on Eastex Freeway.
      6695 Eastex Fwy, Beaumont, TX 77706
      View Details
    • Contact for pricing

      Prime Land Tract For Sale

      18.63 acre land tract with frontage on Old Dowlen Road.
      Old Dowlen Rd, Beaumont, TX 77706
      View Details
    • $4,250,000
      500.00 Acres

      Beaumont Land Development Opportunity

      500 acre vacant land near major highways for sale.
      10900 Walden Rd, Beaumont, TX 77706
      View Details
    • $5,750,000
      500 SF

      500 Acre Development Opportunity

      500 acre development site near Hwy 90 and I-10.
      10900 Beaumont Dr, Beaumont, TX 77706
      View Details
    • $3,343,033

      Prime Land Near Retail Area

      11.8 acres with easy access to retail and highways.
      5677 Old Dowlen Rd, Beaumont, TX 77706
      View Details
    • $317,000

      Corner Land Parcel For Sale

      Approximately 0.6 acres, corner lot suitable for commercial development.
      4210 Folsom Dr, Beaumont, TX 77706
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      4,654 SF

      Madison Plaza Retail Center

      Beaumont, TX Shopping Center - 2 Suites Available
      6755 Phelan Blvd, Beaumont, TX 77706
      View Details
    • $17 SF/Yr

      Prime Jefferson County Retail Space

      1200 SF Boutique Space - Ideal Location
      3827 Phelan Blvd, Beaumont, TX 77706
      View Details
    • Contact for pricing
      1,263 SF

      Dowlen Road Retail Center Investment

      1,263 SF Single-Tenant Retail Space
      4105 Dowlen Rd, Beaumont, TX 77706
      View Details
    • $11 SF/Yr
      14,155 SF

      Beaumont Medical Office Space

      Prime Beaumont location, flexible suites available.
      4180 Delaware St, Beaumont, TX 77706
      View Details
    • $15 SF/Yr
      5,080 SF

      East Houston Office Space Available

      Prime East Houston Office Building, Flexible Suites
      1101 Longfellow Dr, Beaumont, TX 77706
      View Details
    • $26 SF/Yr
      20,000 SF

      La-Z-Boy Center Retail Space

      Beaumont, TX retail showroom opportunity.
      3775 Dowlen Rd, Beaumont, TX 77706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3460 Delaware St
    Beaumont, TX 77706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.