3650 Major DrBeaumont, TX 77713

Property Details for 3650 Major Dr

Year built

2020

Lot size

0.83 AC

Property size (Sq ft)

9,262 SF

Property type

Community centers

APN

300056-000-014997-00000

APU

9223372036854775807

Description

This single-tenant office space, totaling 1,911 square feet, is located at 3650 N Major Dr in Beaumont, Texas, 77713, within Jefferson County. The property is part of an 8,900 square foot, single-story, Class B building constructed in 2020. The building features attractive brick pop-out architecture with fabric and metal awnings and ornamental sconce lighting. The space is ideal for medical or other uses requiring heavy plumbing, as the concrete slab has yet to be poured, offering build-out flexibility. A tenant allowance is available for qualified tenants. The property boasts convenient front and rear parking lots with direct access from Major Drive and a side entrance from Westfield Avenue. Excellent co-tenancy includes Kings Pharmacy, Third Coast Bank, and Beaumont Urgent Care. The zoning is GC-MD. The lease price is $1.50 per square foot base rent, plus an additional $0.33 per square foot for property taxes, property insurance, common area maintenance, trash, and standard office/retail water usage. This results in a total monthly rent of $3,497.13. The property offers a last opportunity to secure a prime location in this desirable center.

• CAP approach

  CAP return

  Valuation

  6%

  $3,742,770

  6.5%

  $3,454,864

  7%

  $3,208,088

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,408,498

  Geo Method

  $6,987,834

• Alternative Use

  Use

  Valuation

  Residential

  $2,914,308

  Hospitality

  $2,669,490

  Educational

  $2,220,984

  Medical

  $2,297,368

  Retail

  $3,454,864

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.1119

Longitude

-94.1894

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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