2665 11Th StBeaumont, TX 77703
- Other commercial real estate
- 48,913 SF
Property Details for 2665 11Th St
- Year built
- 2018
- Construction
- BRICK
- Lot size
- 16.41 AC
- Property size (Sq ft)
- 48,913 SF
- Property type
- Other commercial real estate
- APN
- 018730-000-000100-00000
- APU
- 1873000000010000000
Description
This exceptional 49,776-square-foot medical office building, situated on a 16.41-acre lot in Beaumont, Texas, presents a unique investment opportunity. Built in 2019, this single-story structure was originally designed as a 70-bed specialty hospital, offering significant potential for various healthcare uses. Currently vacant, the property boasts approximately $1.5 million in existing furniture, fixtures, and equipment (FF&E), ready for immediate utilization by a new operator. The building's modern design and large footprint allow for adaptability, making it suitable for a skilled nursing facility (SNF), long-term acute care hospital (LTAC), inpatient rehabilitation facility (IRF), or other specialized healthcare services. Located in Jefferson County, Texas, this property benefits from its strategic position near Interstate 10 and US Highway 96, providing excellent accessibility. The Beaumont area, part of the Golden Triangle, exhibits a high concentration of adults aged 65+, creating a strong demand for senior care services. With limited competition and significant healthcare spending within a 50-mile radius, this property offers a compelling opportunity to establish a leading healthcare facility in a growing market. The property is offered fee simple. The approximate population within a 10-mile radius is 158,000, with an estimated 35% over the age of 50. The property's APN is 398569.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $15,390,577
- Hospitality
- $14,097,686
- Educational
- $11,729,109
- Medical
- $12,132,491
- Retail
- $18,245,280
Location Insight
- City
- Beaumont
- County
- Jefferson
- State
- Texas
- Latitude
- 30.1024
- Longitude
- -94.1331
- CBSA code
- 13140
- CBSA name
- BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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