3966 Gulfway DrPort Arthur, TX 77642
- Retail properties
- 1,288 SF
Property Details for 3966 Gulfway Dr
- Year built
- 1978
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 1,288 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 007650-000-005800-00000
- APU
- 765000000580000000
Description
This 1,288 square foot single-tenant office space is located at 3966 Gulfway Drive in Port Arthur, Texas, 77642, in a high-traffic commercial area near Sabine Ave. The property sits on a 18,105 square foot lot and includes a one-story, 1978-built building. The zoning is 2F/Real/Commercial/Hotel, Store/Office/Rest, making it suitable for a variety of uses. The property features electric power, ample parking (14+ spaces), and a drive-thru area. Its ideal location within a busy commercial cluster makes it perfect for businesses seeking high visibility and customer accessibility. The building's 1,288 square feet offers a versatile space adaptable to various business needs. This property presents a unique opportunity for entrepreneurs and established businesses alike to thrive in a prime commercial location. The property type is listed as Office, Restaurant, and Special Purpose.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $520,480
- 6.5%
- $480,443
- 7%
- $446,126
-
Comparable approach
- Method
- Valuation
- Relative Method
- $613,058
- Geo Method
- $971,748
-
Alternative Use
- Use
- Valuation
- Residential
- $405,272
- Hospitality
- $371,227
- Educational
- $308,856
- Medical
- $319,478
- Retail
- $480,443
Location Insight
- City
- Port Arthur
- County
- Jefferson
- State
- Texas
- Latitude
- 29.9119
- Longitude
- -93.9162
- CBSA code
- 13140
- CBSA name
- BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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