This exceptional commercial property, located at 6757 W. Port Arthur Rd., Port Arthur, TX 77640, presents a unique opportunity for a discerning business owner. The property is classified as Class B and zoned CR, situated conveniently near FM 365. The building itself boasts a total of 2,400 square feet, currently configured as a single suite retail space. While the entire building is not vacant, there is a significant 640 square feet of immediately available space. The property's classification as both Retail and Land indicates potential for various uses, particularly given its existing restaurant tenant. The available space shares a common dining area with an established Subway, offering immediate access to a built-in customer base and potential for synergistic partnerships. This property is ideal for a restaurant or similar business seeking a high-traffic location in a thriving area of Jefferson County. The multiple tenancy designation suggests a flexible and adaptable layout, allowing for potential expansion or customization to suit specific business needs. This is a rare opportunity to secure a well-located commercial space in a growing market. The property's address is easily accessible and visible from the road, ensuring high visibility for any business operating from this location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$768,200
6.5%
$709,107
7%
$658,457
Comparable approach
Method
Valuation
Relative Method
$471,444
Geo Method
$747,277
Alternative Use
Use
Valuation
Industrial / Distribution
$1,397,630
Mixed-Use / Specialty
$700,597
Hospitality / Lodging
$506,218
Office
$690,205
Institutional / Educational
$726,201
Residential Income
$849,655
Multifamily
$1,052,190
Automotive / Energy
$622,458
Parking / Income-Based Land
$220,713
Restaurant / Food Service
$351,619
Healthcare / Senior Housing
$724,584
Location Insight
City
Port Arthur
County
Jefferson
State
Texas
Latitude
29.9169
Longitude
-94.0192
CBSA code
13140
CBSA name
BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
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Port Arthur Rd Port Arthur, TX 77640
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Port Arthur Rd Port Arthur, TX 77640
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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