3966 Gulfway DrPort Arthur, TX 77642

  • Retail properties
  • 1,288 SF
For Lease
$18.60/SF/YR View listing

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
3966 Gulfway Dr, Port Arthur, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,542
$40,500
$115,007
$155,507
-
$40,500
$115,007
$155,507

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