4880 Fannett RdBeaumont, TX 77705

Property Details for 4880 Fannett Rd

Year built

2021

Lot size

4.23 AC

Property size (Sq ft)

7,500 SF

Property type

Auto shops

APN

065100-000-002200-00000

APU

6510000000220000000

Description

This exceptional 7,000-square-foot Class A warehouse in Beaumont, Texas, presents a rare opportunity. Located at 4880 Fannett Rd, this newly constructed (2024) single-story building offers two available suites, each adaptable to various needs. Suite sizes range from 3,000 to 4,000 square feet. The property boasts four drive-in doors, 200-amp single-phase power, and a 14-foot eave height with a 16-foot crest. Exterior features include LED lighting, a 5-inch concrete drive and parking area, and a fenced, stabilized area adjacent to the warehouse. The interior offers fully insulated walls, and office build-outs are customizable. Situated on the heavily trafficked FM 124, just west of Cardinal Drive (Highway 69), this property benefits from excellent visibility and accessibility. The zoning is Light Industrial, making it suitable for a variety of commercial uses. Jefferson County location and 77705 zip code. This is a must-see for businesses seeking modern, efficient warehouse space in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,030,746

  6.5%

  $2,797,612

  7%

  $2,597,783

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,569,826

  Geo Method

  $5,658,471

• Alternative Use

  Use

  Valuation

  Residential

  $2,359,890

  Hospitality

  $2,161,647

  Educational

  $1,798,465

  Medical

  $1,860,317

  Retail

  $2,797,612

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.0393

Longitude

-94.1405

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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