For Sale
$966,000

0 Prt Arthur StPort Arthur, TX 77642

Prime 10-acre commercial lot, ideal for residential development.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 10-acre commercial land parcel, located at 0 Port Arthur St, Port Arthur, TX 77642 (APN: 0851880000016), presents a unique investment opportunity. Zoned A1 Residential, this property offers significant potential for residential development, with preliminary plans indicating the possibility of 46 individual lots. The substantial lot size provides ample space for a variety of housing options, catering to the high demand for affordable housing in Port Arthur. The City of Port Arthur is offering a compelling incentive program, providing a 30% rebate on development costs for new construction, significantly reducing the financial burden and enhancing the project's profitability. Convenient access to Highway 73 ensures excellent connectivity to major transportation routes, facilitating easy commutes for future residents. The property's proximity to Central Mall, Motiva, and several area schools further enhances its desirability and potential for attracting residents. This is a rare opportunity to capitalize on the growing housing needs of the community while benefiting from substantial city incentives. The asking price for this exceptional property is $966,000.

Highlights

  • 10-acre commercial land parcel in Port Arthur, TX (APN: 0851880000016), priced at $966,000.
  • Zoned A1 Residential, with preliminary plans for 46 residential lots.
  • City of Port Arthur offers a 30% rebate on new construction development costs.
  • Convenient access to Highway 73, near Central Mall, Motiva, and area schools.

Property Details for 0 Prt Arthur St

Property type
Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Port Arthur
County
Jefferson
State
Texas
Latitude
29.9051634
Longitude
-93.8960811
Prt Arthur St, Port Arthur, Texas

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0 Prt Arthur St
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