Listed by Coldwell Banker Commercial Arnold and Associates
$255,000
1111 N. 11th Street
Details
Property Type Land, Retail
Sub Type Medical Office, Creative Office
Square Footage 84,505
NOI $4,200
Tenancy Single
Lease Expiration 12/31/2026
Class B
Acreage 1.940
Zoning General Commercial
Investment Type Redevelopment
Tenant Credit Credit Rated
Ground Lease No
Sale Condition For sale by owner
Land | 1.94 acres
Marketing description
Prime commercial development opportunity in a growing Beaumont corridor. General Commercial zoning allows for a wide variety of retail, office, service, or mixed commercial uses. Existing billboard provides supplemental income stream. Level raw land ready for redevelopment or investment hold. Suitable for retail strip center, office development, storage, service business, or restaurant use. High traffic exposure in established commercial area with convenient access to major Beaumont thoroughfares and surrounding neighborhoods.
Investment highlights
- Prime commercial development opportunity in a growing Beaumont corridor
- General Commercial zoning allows for a wide variety of retail, office, service, or mixed commercial uses
- Existing billboard provides supplemental income stream
- Utilities available on-site or nearby for ease of development
- Approximate dimensions: 150' frontage x 564' depth
- Excellent visibility and accessibility
- Strong frontage with flexible site layout potential
- Level raw land ready for redevelopment or investment hold
- Suitable for retail strip center, office development, storage, service business, or restaurant use
- High traffic exposure in established commercial area
- Convenient access to major Beaumont thoroughfares and surrounding neighborhoods
- Long rectangular configuration ideal for multiple development concepts
- Investment opportunity with current passive income while planning future development Billboards)
- Centrally located within Beaumont commercial trade area
Listing Contacts
Listed by Coldwell Banker Commercial Arnold and Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$4,200.00
$350.00/mo
Valuation Metrics
0
DSCR
1.65%
Cap Rate
1.65%
ROI
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