For Sale
$6,300,000

3931 Martin Luther King Jr DrPort Arthur, TX 77640

Waterfront Industrial Property, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional industrial property, located at 3931 Martin Luther King Jr Dr, Port Arthur, TX 77640, offers a unique investment opportunity. The property consists of two buildings totaling 36,952 square feet situated on an 81,457 square foot lot with approximately 530 feet of frontage on the Sabine Neches Waterway, a major US waterway. Building 1 encompasses roughly 30,000 square feet, including a 3,000 square foot upstairs office/living area, a 5,000 square foot freezer, and a 2,500 square foot basement with a truck ramp accommodating two 18-wheelers. It features 480W 3-phase power. Building 2 offers an additional 11,500 square feet, including a 5,000 square foot freezer. The property boasts convenient access to Highway 82, the Sabine Lake Causeway, and Interstate 10, providing seamless connectivity to major transportation routes. Two separate water and electricity meters are installed. This owner-user investment opportunity is priced at $6,300,000 ($170.49/sq ft) and includes one loading dock. The property's prime location near petrochemical plants, refineries, and LNG facilities in a high-traffic area makes it an attractive proposition for various industrial uses. The Jefferson County location and APN 300123-000-112400-00000 are provided for verification. The property is being sold by the owner, L V T REALSTATE CO.

Highlights

  • 36,952 SF industrial property on an 81,457 SF lot in Port Arthur, TX.
  • Two buildings: 30,000 SF building with 3,000 SF office/living space, 5,000 SF freezer, and 2,500 SF basement with truck ramp; plus a 11,500 SF building with a 5,000 SF freezer.
  • 530' of Sabine Neches Waterway frontage; convenient access to Hwy 82, Sabine Lake Causeway, and I-10.
  • 480W 3-phase power, two separate utility meters, and one loading dock.
  • $6,300,000 asking price ($170.49/SF); owner-user opportunity; APN 300123-000-112400-00000.

Property Details for 3931 Martin Luther King Jr Dr

Property type
Warehouses, Industrial properties
Square Feet
36,952 SF

Location Insight

City
Port Arthur
County
Jefferson
State
Texas
Latitude
29.764034
Longitude
-93.905617
3931 Martin Luther King Jr Dr, Port Arthur, Texas

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3931 Martin Luther King Jr Dr
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