Industrial Properties in Beaumont, Texas, offer a unique investment opportunity for those looking to tap into the city's diverse economy. With a rich history rooted in industries such as lumber, farming, port activities, and oil production, Beaumont has established itself as a hub for various corporations. Industrial Properties in Beaumont can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and logistics hubs. The city's strategic location, amenities, infrastructure, education, and geography make it an attractive place to invest in Industrial Properties. For instance, the Port of Beaumont, one of the largest seaports by tonnage in the United States, provides access to global markets, while institutions like Lamar University offer a skilled workforce. Additionally, the city's proximity to Houston and the Gulf of Mexico makes it an ideal location for businesses involved in international trade. Beaumont's attractions, such as the Beaumont Botanical Gardens and the Jefferson Theatre, also contribute to its appeal as a great place for business and travel.
With 16 Industrial Properties for sale in Beaumont, investors have a range of options to choose from. The average price per square foot is $103 USD, and the average size is 24,987 square feet, with the largest property spanning 172,000 square feet. Beaumont's Industrial Properties also offer a competitive average cap rate of 7%. In addition to Industrial Properties, Beaumont offers other investment opportunities, including Warehouses, which can provide flexible storage and distribution solutions; Land, which can be developed for various industrial uses; Apartment Buildings, which can cater to the city's growing population; and Commercial Real Estate, which can accommodate a range of businesses. Overall, Beaumont's diverse economy, strategic location, and attractive amenities make it an excellent choice for investors looking to capitalize on the city's growth potential.
What is the average price per square foot for industrial properties in Beaumont?
The average price per square foot for industrial properties in Beaumont is $103 USD per square foot, with 16 available listings ranging in size from 24,987 square feet to 172,000 square feet, offering a diverse range of options for businesses and investors.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Beaumont, Texas, as they impact the ease of doing business, logistics, and supply chain management.
- Proximity to major transportation hubs, such as the Port of Beaumont, which is one of the largest seaports by tonnage in the United States, increases industrial property values due to the ease of importing and exporting goods.
- Access to major highways, such as Interstate 10, and rail lines, like the Union Pacific Railroad, also boosts property values by facilitating the transportation of goods and materials.
- In addition, industrial properties located near major employers, such as ExxonMobil, Goodyear, and DuPont, may command higher values due to the demand for space and the convenience of being close to key customers and suppliers.
