Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    585 Wall St Beaumont, TX 77701
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    585 Wall St Beaumont, TX 77701

    View on Map
    • Commercial real estate
    • 5,943 SF
    For Sale
    $750,000
    View Listing →
    Downtown Beaumont Commercial Space Available For Sale
    $750,000
    5,943 SF

    Downtown Beaumont Commercial Space Available

    Versatile commercial property near downtown Beaumont, Texas.

    585 Wall Street, Beaumont, TX
    View Listing
    Property ID
    US82-0134021
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 585 Wall St

    Property size
    5,943 SF
    Property type
    Commercial real estate

    Description

    Property Information • 0.33+/- Acres • 5,943+/- sf Improvements Building I • 4,413 sf (Climate Controlled) • (1) OH Door at Grade Level • Canopy for Outdoor Gathering Building II • 1,529 sf Warehouse • (1) OH Door at Grade Level • Fenced Yard with Electric Access Gate NOTE: This is a former Brew-Pub Facility. The price includes the brew equipment. The Property can be sold with or without the brew equipment. Brew Equipment List is available for review. Property Features • 3-Phase Electrical Service • Open Space with Exposed Roof Joists and Polished Concrete Floors • Near Port of Beaumont, Jefferson County Courthouse, and City Hall • On the Western Edge of Downtown • 5 Blocks East of M.L. King, Jr. Parkway • Easy Access to College Street (U.S. Highway 90) & Interstate 10 • Outstanding Location • Brew-Pub, Bar, Restaurant • Office Space • Office-Service Facility • Zoned CBD (Buyer should verify the Zoning of the Property and confirm with the City of Beaumont that Buyer’s intended use is in compliance with the City Zoning ordinance)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.098967
    Latitude
    30.078712

    Comparable in this City

    • Contact for pricing

      Downtown Beaumont Commercial Corner Lot

      Prime corner lot suitable for parking or retail development.
      800 Calder Ave, Beaumont, TX 77701
      View Details
    • Contact for pricing

      Downtown Beaumont Land For Sale

      Land with potential for industrial or parking use.
      1235 Park St, Beaumont, TX 77701
      View Details
    • $2,150,000
      15,352 SF

      Historic Downtown Beaumont Office Space

      High-end office space in historic downtown Beaumont.
      905 Orleans St, Beaumont, TX 77701
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Beaumont Commercial Corner Lot

      Prime corner lot suitable for parking or retail development.
      800 Calder Ave, Beaumont, TX 77701
      View Details
    • Contact for pricing

      Downtown Beaumont Land For Sale

      Land with potential for industrial or parking use.
      1235 Park St, Beaumont, TX 77701
      View Details
    • $2,150,000
      15,352 SF

      Historic Downtown Beaumont Office Space

      High-end office space in historic downtown Beaumont.
      905 Orleans St, Beaumont, TX 77701
      View Details

    Similar Nearby for Lease

    • $1,680 /Mo

      Office Space with Private Offices

      Office unit featuring reception area, private offices, and conference room.
      2580 N 11Th St, Beaumont, TX 77701
      View Details
    • $1.35 SF/Yr
      907 SF

      Adaptable Retail/Office Space Available

      Versatile 907 SF space suitable for retail or office use.
      3515 Fannin St, Beaumont, TX 77701
      View Details
    • Contact for pricing
      29,708 SF

      Pad Site Near H-E-B Center

      29,708-SF pad site near a 77,000-SF H-E-B center.
      838 South 11Th St, Beaumont, TX 77701
      View Details
    • Contact for pricing

      Professional Offices in Historical District

      Professional office space with gated parking and included utilities.
      2175 North St, Beaumont, TX 77701
      View Details
    • Contact for pricing

      Magnolia Street Commercial Property

      Commercial property available for rent on Magnolia Street.
      706 Magnolia St, Beaumont, TX 77701
      View Details
    • $8 SF/Yr
      26,595 SF

      Climate-Controlled Industrial Space Available

      26,595 SF industrial space with climate control for lease.
      740-784 Fannin St, Beaumont, TX 77701
      View Details
    View Listing
    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.
    585 Wall St
    Beaumont, TX 77701
    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.
    Sign Up Successful!
    You now have access to more from Realmo!