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Property profile & analytics
FOR SALE
Turn key restaurants

3987 College St Beaumont, TX 77707

3,444 SF 0.91 ac lot Built 1958
Entity Owned 4-yr Hold Free & Clear
Property ID
US82-1184809
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,444-square-foot restaurant building situated on a 0.9-acre lot at 3987 College Street, Beaumont, Texas, 77707. The property, zoned for Light Industrial use, boasts a prime location on Highway 90 (College Street), offering easy access to Interstate 10 and exceptional visibility. This high-traffic area ensures significant exposure to potential customers. The single-story building is classified as Class C and is currently configured as a restaurant. The asking price is $790,000, translating to $229.38 per square foot. The property's strategic location is further enhanced by its proximity to a Chevron C-Store, several motels, Beaumont Emergency Hospital, various fast-food restaurants, and other dining establishments. This presents a unique chance for redevelopment or repositioning in a thriving commercial corridor within Jefferson County. The total net rentable square footage is 3,444 square feet. This property is an excellent opportunity for investors seeking a high-visibility location with significant redevelopment potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Total area 3,444 SF
Lot 0.91 ac (39,552 SF)
APN 013415-000-001850-00000
UPID US82-1184809
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Waffle House INC · 4 yrs held
Waffle House INC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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