Property profile

3955 Phelan Blvd Beaumont, TX 77707

OFF-MARKET
Retail properties & Spaces
Property ID
US82-3983161
52,644 SF 5.08 ac lot Built 1978
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 53,311-square-foot former grocery store in Beaumont, Texas, is available for lease. Located within Phelan Plaza at 3955 Phelan Blvd, this Class B property offers a single-story building with high visibility at the busy intersection of Phelan Blvd. and 23rd St. The space is fully vacant and can be leased as a whole (53,311 sq ft) or potentially subdivided to a minimum of 10,000 sq ft. The property benefits from its location in a neighborhood shopping center with a total gross leasable area of 100,693 square feet. Its strategic corner location ensures high traffic and excellent visibility, attracting a significant number of potential customers. The presence of nearby established businesses, including a Kroger, further enhances foot traffic and creates a thriving retail environment. This property presents a unique opportunity for a grocery store or other large-format retailer seeking a prominent location in a busy Beaumont commercial area. The property is situated in Jefferson County, Texas, and has a zip code of 77707. The building consists of two suites in total. This is a rare opportunity to secure a substantial retail space in a high-traffic location.

Property profile

Verified
Property type Retail properties & Spaces
Use group ROADSIDE MARKET
Year built 1978
Total area 52,644 SF
Lot 5.08 ac (221,459 SF)
APN 240306-000-005600-00000
UPID US82-3983161

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
  • Bank Credit Union
  • Bank Credit Union
  • Law Firm

Location

3955 Phelan Blvd Beaumont, TX 77707-2223
Beaumont metro Census 1301 BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.96M

Owner & transaction history

1 recorded transaction
1969
Price N/A

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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