4075 Old Dowlen RdBeaumont, TX 77706

Property Details for 4075 Old Dowlen Rd

Year built

2003

Lot size

0.89 AC

Property size (Sq ft)

9,600 SF

Property type

Retail space

APN

300459-000-002750-00000

APU

9223372036854775807

Description

This freestanding, 9,600 square foot retail building is ideally situated at 4075 Old Dowlen Rd, Beaumont, TX 77706. The property enjoys a prominent location near the southwest corner of Old Dowlen Rd and Dowlen Rd, a major thoroughfare in a key retail area. Multiple access points and convenient cross-access to the surrounding shopping center ensure excellent accessibility for customers. Ample parking is available, and the building benefits from some visibility to Dowlen Rd. This location offers significant advantages, being adjacent to the Dowlen Towne Center. This established center boasts a strong mix of national co-tenants, including Ross Dress for Less, PetSmart, and JOANN Fabric and Crafts, along with various local retailers and several high-traffic quick-service restaurants (QSRs) such as Starbucks and Chipotle. This combination of national and local businesses creates a vibrant and high-traffic retail environment, providing excellent potential for increased customer traffic and business success. The property's single-tenant occupancy provides a straightforward and efficient investment opportunity. The building's size and location make it suitable for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,879,356

  6.5%

  $3,580,944

  7%

  $3,325,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,569,378

  Geo Method

  $7,242,843

• Alternative Use

  Use

  Valuation

  Residential

  $3,020,660

  Hospitality

  $2,766,908

  Educational

  $2,302,035

  Medical

  $2,381,206

  Retail

  $3,580,944

Location Insight

City

Beaumont

County

Jefferson

State

Texas

Latitude

30.1197

Longitude

-94.1684

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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