3966 Gulfway DrPort Arthur, TX 77642

Property Details for 3966 Gulfway Dr

Year built

1978

Lot size

0.42 AC

Property size (Sq ft)

1,288 SF

Property type

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.

• CAP approach

  CAP return

  Valuation

  6%

  $412,267

  6.5%

  $380,554

  7%

  $353,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,008

  Geo Method

  $401,039

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $750,062

  Mixed-Use / Specialty

  $375,987

  Hospitality / Lodging

  $271,670

  Office

  $370,410

  Institutional / Educational

  $389,728

  Residential Income

  $455,982

  Multifamily

  $564,677

  Automotive / Energy

  $334,052

  Parking / Income-Based Land

  $118,449

  Restaurant / Food Service

  $188,702

  Healthcare / Senior Housing

  $388,860

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

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