4180 Delaware StBeaumont, TX 77706

Property Details for 4180 Delaware St

Year built

1994

Lot size

0.45 AC

Property size (Sq ft)

1,320 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

014920-000-000600-00000

APU

1492000000060000000

Description

This exceptional medical office complex, located at 4180 Delaware Street in Beaumont, Texas, presents a unique investment opportunity. The property consists of three single-story buildings totaling 14,155 square feet situated on a 1.3-acre lot. Currently, there are seven suites, with 5,832 square feet of vacant space available for lease. Flexible lease options cater to various needs, with minimum divisible space starting at 1,832 square feet and a maximum contiguous space of 4,000 square feet. The property is classified as Class B and is zoned RM-H. Its convenient location just off Lucas on Delaware Street offers easy access and ample parking. The complex boasts a professional atmosphere, currently housing a diverse range of tenants including attorneys, home health providers, dentists, and financial planners. The absence of elevators is noted. This property is ideal for medical professionals or businesses seeking a well-established presence in a thriving Beaumont neighborhood. The Jefferson County location provides easy access to major thoroughfares and local amenities. This is a rare opportunity to secure prime medical office space in a highly desirable area. The property's size and layout offer significant potential for growth and expansion. Inquire today to learn more about this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $449,952

  6.5%

  $415,341

  7%

  $385,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,448

  Geo Method

  $612,552

• Alternative Use

  Use

  Valuation

  Residential

  $415,341

  Hospitality

  $380,450

  Educational

  $316,530

  Medical

  $327,416

  Retail

  $492,380

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.1049

Longitude

-94.1465

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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