Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    597 11th St Beaumont, TX 77701-3828

    • Drive through restaurants
    • 1,288 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3511792
    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

    • Kajun Seafood & Wings / Seafood Restaurant / Fast Food Restaurant
    • La Rosa Del Tamel Restaurant / Mexican Restaurant

    Property Details for 597 11th St

    Year built
    1975
    Lot size
    0.26 lot acres
    Property size
    1,288 SF
    Property type
    Drive through restaurants
    APN
    020050-000-000500-00000
    APU
    2005000000050000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Jefferson
    State
    Texas
    Longitude
    -94.1291
    Latitude
    30.0722
    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
    $3,063
    $18,900
    $108,572
    $127,472
    -
    $18,900
    $108,572
    $127,472

    Comparable in this City

    • Value Estimation
      $255,000
      1,521 SF

      1040 11th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,521 SF
      1040 11th St, Beaumont, TX 77701-4739
      View Details
    • Value Estimation
      $400,000
      4,566 SF

      3825 College St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,566 SF
      3825 College St, Beaumont, TX 77701-4621
      View Details
    • Value Estimation
      $275,000
      1,866 SF

      3297 College St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,866 SF
      3297 College St, Beaumont, TX 77701-4611
      View Details
    • Value Estimation
      $375,000
      3,465 SF

      1555 Interstate 10th E

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,465 SF
      1555 Interstate 10th E, Beaumont, TX 77701-1115
      View Details
    • Value Estimation
      $285,000
      2,614 SF

      735 11th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,614 SF
      735 11th St, Beaumont, TX 77701-3701
      View Details
    • Value Estimation
      $300,000
      2,150 SF

      3725 College St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,150 SF
      3725 College St, Beaumont, TX 77701-4619
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Beaumont Retail Opportunity

      High-traffic corner lot, flexible uses
      415 11Th St, Beaumont, TX 77701
      View Details
    • $950,000
      5,943 SF

      Downtown Beaumont Commercial Space Available

      Versatile commercial property near downtown Beaumont, Texas.
      585 Wall St, Beaumont, TX 77701
      View Details
    • $425,000

      Downtown Beaumont Parking Lot

      Prime Corner Lot, High Visibility, Development Potential
      800 Calder Ave, Beaumont, TX 77701
      View Details
    • $400,000
      2,200 SF

      Prime Corner Commercial Location

      Exceptional commercial opportunity at a highly desirable corner location.
      2325 S 4Th St, Beaumont, TX 77701
      View Details
    • $400,000
      3,600 SF

      Prime Corner Commercial Location

      Corner commercial property on 4th and Blanchette Street.
      2335 S 4Th St, Beaumont, TX 77701
      View Details
    • $390,000

      Downtown Beaumont Versatile Corner Lot

      Prime corner lot suitable for parking or retail development.
      000 Calder Ave, Beaumont, TX 77701
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      1,336 SF

      Prime Beaumont Office Space

      1,336 sq ft Medical/Office Building
      810 11Th St, Beaumont, TX 77701
      View Details
    • $21 SF/Yr
      10,000 SF

      Calder Avenue Office Suites

      Beaumont Office Space, Flexible Sizes
      1110 Calder Ave, Beaumont, TX 77701
      View Details
    • $14 SF/Yr
      4,900 SF

      Broadway Office Suites Available

      Beaumont, TX: Modern Offices, Move-In Ready
      2005 Broadway, Beaumont, TX 77701
      View Details
    • Contact for pricing
      425,198 SF

      Edison Plaza Retail Space For Lease

      Beaumont, TX: Prime Retail Opportunity
      350 Pine St, Beaumont, TX 77701
      View Details
    • $0.60 SF/Yr
      82,783 SF

      Beaumont Office Space Available

      Office building with 82783 square feet available for rent.
      3295 College St, Beaumont, TX 77701
      View Details
    • Contact for pricing
      11,458 SF

      Class A Office Building

      Class A office building for rent in Beaumont, TX.
      2615 Calder Ave, Beaumont, TX 77701
      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.
    597 11th St
    Beaumont, TX 77701-3828
    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.