3129 College StBeaumont, TX 77701

Property Details for 3129 College St

Year built

1984

Lot size

3.17 AC

Property size (Sq ft)

23,661 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

003450-000-002100-00000

APU

345000000210000000

Description

3129 College Street offers a fantastic opportunity for medical professionals seeking versatile office space. This single-story, Class B building totals 23,661 square feet and sits on a 3.17-acre lot, boasting a convenient location directly across from Baptist Hospital and adjacent to Beaumont Pediatric Center. Christus St. Elizabeth Hospital is also within a 5-minute radius, ensuring excellent accessibility for patients and staff. The building currently features six suites, with approximately 13,250 square feet of vacant space available for lease. Flexible lease terms are available, with spaces ranging from a minimum of 1,731 square feet to a maximum contiguous space of 5,937 square feet. The landlord is willing to divide the available space to accommodate various needs. The existing build-out includes several offices, a lab, and administrative areas, providing a ready-to-use infrastructure. Currently, 79% of the building is occupied, reflecting a strong tenant base and desirable location. To incentivize new tenants, one month of free rent is being offered. The building is zoned GC-MD and features an 8-foot ceiling height. This property presents a unique chance to establish or expand a medical practice in a high-demand, well-established medical corridor. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,504,354

  6.5%

  $6,004,018

  7%

  $5,575,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,469,082

  Geo Method

  $7,083,867

• Alternative Use

  Use

  Valuation

  Residential

  $7,444,983

  Hospitality

  $6,819,564

  Educational

  $5,673,798

  Medical

  $5,868,928

  Retail

  $8,825,907

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.0667

Longitude

-94.122

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].