6767 Port Arthur RdPort Arthur, TX 77640

  • Retail properties
  • 1,673 SF
For Lease
$25.08/SF/YR View listing

Property Details for 6767 Port Arthur Rd

Year built
2001
Lot size
0.96 AC
Property size (Sq ft)
1,673 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
049400-000-061200-00700
APU
4940000006120000700

Description

This 1,673-square-foot restaurant building, located at 6767 W Port Arthur Rd, Port Arthur, TX 77640, presents a unique investment opportunity. Situated on a 0.964-acre lot, the property boasts 37 total parking spaces, including 22 covered drive-up stalls. The building is zoned CR - Commercial Retail District and features a fully equipped kitchen, including a vent hood, cooler/freezer, grease trap, three-compartment sink, and stock shelving/prep equipment. Two restrooms are available (one interior, one exterior). The property also includes existing retail counters, a partial POS system, and an outdoor dining area. Previous use was as a Sonic Drive-In. Significant signage is in place. The property is "move-in ready" with interior improvements already completed. The tenant is responsible for water, sewer, and electric utilities. The property's APN is 049400-000-061200-00700. The cross street is FM 365. The annual property taxes are $9,966.37. The entire building is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $676,059
    6.5%
    $624,054
    7%
    $579,479
  • Comparable approach

    Method
    Valuation
    Relative Method
    $796,309
    Geo Method
    $1,262,216
  • Alternative Use

    Use
    Valuation
    Residential
    $526,413
    Hospitality
    $482,191
    Educational
    $401,178
    Medical
    $414,975
    Retail
    $624,054
6767 Port Arthur Rd, Port Arthur, Texas

Location Insight

City
Port Arthur
County
Jefferson
State
Texas
Latitude
29.9172
Longitude
-94.0196
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
$9,966
$125,973
$215,219
$341,192
-
$125,973
$215,219
$341,192

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