4780 S 23rd St - Warehouse FOR SALE


Beaumont, TX 77705
$6,975,000 USD
832-492-6801
4780 S 23rd St, Beaumont, TX for Sale
$6,975,000 USD
Warehouse - FOR SALE
1/30
null | Request Cap Rate

4780 S 23rd St
Beaumont, TX 77705


HIGHLIGHTS

  • 65,324 SF on 5.9 AC
  • $3,912,023 in Recent Capital Improvements | Feb 2024
  • 8,861 SF office, 53,502 SF warehouse
  • (10) Grade level and (4) Dock Well loading bays
  • (4) 5-ton cranes (14' & 18' hook height)
  • 16'-26' clear heights

OVERVIEW

Fully renovated 65,000 SF industrial warehouse near I-10 in Beaumont, TX. $3.9MM in recent capital improvements to the building - completed Feb 2024. Building use: light manufacturing and distribution. Property was appraised Nov 1, 2023 by CBRE Valuation and Advisory Services for $7,800,000. Owner is consolidating locations. Priced to sell. Pricing considerations: Cap rate 9.4%, NOI $654,000 based on $10.65PSF + NNN lease value if leased. All existing equipment for sale separately, contact agent for equipment details.

FOR SALE DETAILS

PRICE

$6,975,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Water - City

CLEAR CEILING HT

24 Ft

DOCKS

4

DRIVE INS

10

PARKING SPACES

39

LAND DETAILS

LAND ACRES

5.9

LAND SF

257,004

ZONING

LI

APN/PARCEL ID

065100-000-002500-00000-7

ASK ABOUT THIS PROPERTY

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832-492-6801

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Parker KinkKink CommercialMore Info
832-492-6801

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