This wonderful investment opportunity is just around the corner from Parkdale Mall and across the highway from Academy. A 2 acre plot, zoned for general commercial/multi-family, has great income potential.
Vacant landProperty Type
2 acresLot Size
$162,500Price/Acres
Listed by Shonda Weaver• Lange Realty Group -- 9014834
Listed by Heather Lange• Lange Realty Group -- 9014834
General Commercial Multiple-Family Dwelling District
The mixed GC-MD, General Commercial Multiple-Family Dwelling District, is intended for the conduct of community-wide personal and business services, specialty shops, general highway commercial uses, shopping centers, and multifamily residential development. The need for community-wide accessibility dictates that this district be located ideally at the intersection of 2 or more streets, along frontage roads adjacent to the interstate, or along selected major streets which have been designated for strip commercial development. Minimum lot width, depth, area, and yard requirements, buffer strips, and landscaping bonus provisions have been established to reduce or modify the harmful impact and negative consequences associated with typical strip commercial development. Multifamily development in this district is permitted in order to serve as a buffer or transition between commercial and medium density residential development.
Permitted uses
Include but are not limited to:
Gas station
Laundromat
General retail
Restaurant
Hospital / medical center
Housing-Multiple units
Housing-Senior
Hotel / motel
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 110° expected this year, 23 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Beaumont, TX • 77706
Average low and high temperatures (°F)
60
41
70
52
77
58
80
65
84
68
89
75
93
76
93
75
91
71
86
62
77
57
68
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Beaumont. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5855 & 5865 Cole Rd
$298,450
$27K under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $246K to $400K.