3920 Eastex FwyBeaumont, TX 77703

  • Commercial land
  • 4.93 AC
For Sale
$1,494,108 View listing

Property Details for 3920 Eastex Fwy

Lot size
4.93 AC
Property type
Commercial land
APN
029980-000-000200-00000
APU
2998000000020000000

Description

This exceptional 1-4.9 acre commercial land parcel presents a unique investment opportunity in Beaumont, Texas. Located at 3920 Eastex Fwy, 77703, this pad site is priced at $1,494,108 ($7/sq ft land value) and offers unparalleled visibility and accessibility. Situated alongside a Home Depot and a thriving shopping center, this location benefits from significant daily traffic generated by the adjacent Smith Middle School and the high volume of traffic on Highway 69. The property boasts easy access and ample parking, making it an ideal location for a junior anchor tenant. Surrounded by established national retailers and restaurants, this site provides immediate access to a robust customer base. This is a rare chance to capitalize on the existing retail synergy in a highly traveled corridor with proven success. The property's location in Jefferson County, Texas, ensures strong potential for return on investment. This development opportunity is not to be missed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $67,530,632
    Hospitality
    $61,857,692
    Educational
    $51,464,876
    Medical
    $53,234,832
    Retail
    $80,056,472
3920 Eastex Fwy, Beaumont, Texas

Location Insight

City
Beaumont
County
Jefferson
State
Texas
Latitude
30.1171
Longitude
-94.1428
CBSA code
13140
CBSA name
BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,563
$564,353
-
$564,353
-
$564,353
-
$564,353

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