5055 Belmont StBeaumont, TX 77707

Property Details for 5055 Belmont St

Year built

1987

Lot size

0.16 AC

Property size (Sq ft)

1,891 SF

Property type

Auto shops

APN

062950-000-001000-00000

APU

6295000000100000000

Description

This exceptional executive office building, located at 5055 Belmont Street in Beaumont, Texas, presents a unique investment opportunity. Boasting a substantial 18,991 square feet of space on a generous 5.97-acre lot, this property is ideally suited for a variety of businesses. The building features durable EDS (non-static) flooring in key production areas, ensuring a safe and efficient work environment. Three-phase power is readily available, catering to businesses with significant energy demands. Conveniently located, the property includes a freight elevator for easy transport of goods. Restroom facilities are strategically placed, with three on the first floor and two on the second. The second floor also offers a versatile multipurpose room, perfect for use as a kitchen, dining area, or meeting space. Ample parking is provided by a substantial 9,400+ square feet of metal walkway and parking area, including 4,400+ square feet of covered metal carports, offering protection from the elements. Access is further enhanced by a 16-foot wide by 8-foot high overhead door at grade level. The asking price for this impressive property is $990,000. This is a rare opportunity to acquire a well-equipped and spacious office building in a desirable Beaumont location. The property's size, features, and location make it an attractive investment for discerning buyers. The Jefferson County address and 77707 zip code provide easy access to major transportation routes and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $764,152

  6.5%

  $705,371

  7%

  $654,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $900,072

  Geo Method

  $1,426,689

• Alternative Use

  Use

  Valuation

  Residential

  $595,007

  Hospitality

  $545,023

  Educational

  $453,453

  Medical

  $469,048

  Retail

  $705,371

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.0661

Longitude

-94.1481

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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