4240 Milam StBeaumont, TX 77707

Property Details for 4240 Milam St

Year built

1993

Lot size

1.71 AC

Property size (Sq ft)

3,150 SF

Property type

Auto shops

APN

300005-000-022210-00000

APU

9223372036854775807

Description

This exceptional executive office property at 4240 Milam Street in Beaumont, Texas, offers a total of 4,230 square feet of versatile space currently available for lease. The building is zoned GCMD and situated on a lot ranging from 0.59 to 1.715 acres within Jefferson County, zip code 77707. Multiple tenancy options are available, with spaces ranging from a minimum of 1,032 square feet to a maximum contiguous space of 3,198 square feet. The entire 4,230 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses seeking flexible office solutions. This property is ideal for businesses requiring a prestigious address in a convenient location within Beaumont. The property's classification as "Executive Office" suggests a high-quality build-out and amenities suitable for professional organizations. Interested parties should inquire about lease terms and conditions. The property's location offers easy access to major roadways and local amenities, making it an attractive option for businesses seeking a strategic location in Beaumont, Texas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,272,914

  6.5%

  $1,174,997

  7%

  $1,091,069

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,499,327

  Geo Method

  $2,376,558

• Alternative Use

  Use

  Valuation

  Residential

  $991,154

  Hospitality

  $907,892

  Educational

  $755,355

  Medical

  $781,333

  Retail

  $1,174,997

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.0665

Longitude

-94.1399

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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