5795 Fannett RdBeaumont, TX 77705

Property Details for 5795 Fannett Rd

Year built

1962

Lot size

7.05 AC

Property size (Sq ft)

8,200 SF

Property type

Auto shops

APN

065350-000-003200-00000

APU

6535000000320000000

Description

This exceptional 13,200-square-foot warehouse, situated on a 3-acre lot in Beaumont, Texas (77705), presents a unique opportunity for immediate occupancy. Located at 5795 Fannett Rd, with 847 feet of frontage and convenient access to I-10 and Walden Rd, this Class C property boasts a prime location within a key industrial hub. Built in 1970 and extensively renovated in 2024, the single-story building features a 20-foot ceiling height, three loading docks, three drive-in doors, and ample parking for 20 vehicles. The property is zoned Commercial - City of Beaumont (APN: 065350-000-003200-00000) and offers flexible space options, with a minimum divisible unit of 1,500 square feet and the potential for custom office space build-outs to meet tenant requirements. The building's 13,200 square feet are currently 100% vacant, allowing for immediate use. The property includes three grade-level roll-up doors and service doors, with dock installation available upon request. The electrical service is 440 volts, three-phase. This versatile space is ideal for a variety of commercial and industrial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,313,616

  6.5%

  $3,058,723

  7%

  $2,840,242

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,903,010

  Geo Method

  $6,186,595

• Alternative Use

  Use

  Valuation

  Residential

  $2,580,147

  Hospitality

  $2,363,401

  Educational

  $1,966,322

  Medical

  $2,033,947

  Retail

  $3,058,723

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.0272

Longitude

-94.1578

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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