8567 9Th AvePort Arthur, TX 77642

Property Details for 8567 9Th Ave

Year built

1986

Lot size

8.53 AC

Property size (Sq ft)

24,960 SF

Property type

Community centers

APN

049400-000-041577-00000

APU

4940000004157700000

Description

This exceptional 63,236 square foot retail shopping center, built in 1986, is strategically located at 8567 9th Ave (near the intersection of 9th Ave and Highway 365) in Port Arthur, Texas, zip code 77642. The property sits on a 6.7-acre lot and offers ample parking with 165 spaces. Currently, there are seven available spaces ranging from 900 to 5,275 square feet, presenting a unique opportunity for multiple tenants or a single large-scale operator. The center is zoned commercial and located in Jefferson County, offering convenient access to key demographics. Its prime location enjoys proximity to Central Mall and Mid-Jefferson Hospital, ensuring high visibility and foot traffic. This well-established property presents a strong investment opportunity in a thriving Texas market. The property's size, location, and available space make it ideal for a variety of retail businesses seeking a prominent presence in Port Arthur. The ample parking ensures convenient access for customers. This is a chance to acquire a substantial retail asset with significant potential for growth and return. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $10,086,325

  6.5%

  $9,310,454

  7%

  $8,645,421

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,880,382

  Geo Method

  $18,831,392

• Alternative Use

  Use

  Valuation

  Residential

  $7,853,716

  Hospitality

  $7,193,962

  Educational

  $5,985,292

  Medical

  $6,191,135

  Retail

  $9,310,454

Location Insight

City

Port Arthur

County

Jefferson

State

Texas

Latitude

29.9523

Longitude

-93.985

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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