5801 Twin City HwyPort Arthur, TX 77642

Property Details for 5801 Twin City Hwy

Year built

2008

Lot size

21.67 AC

Property size (Sq ft)

2,585 SF

Property type

Retail space

APN

049400-000-029301-00000

APU

4940000002930100000

Description

This exceptional 8.073-acre commercial land parcel is strategically located on Twin City Highway in Port Arthur, Texas, near Highway 73. Zoned for Commercial Retail use by the city of Port Arthur, this highly visible property boasts two existing billboards and is completely wooded. Its prime location offers easy access to major thoroughfares and significant retail presence, including a nearby Walmart and other retailers. The property's proximity to the Gulf Coast Youth Soccer fields across Twin City Highway provides additional exposure and potential for synergistic development. The seller is open to considering the possibility of dividing the land, offering flexibility for various development scenarios. This presents a unique opportunity for investors and developers seeking a high-traffic location with strong potential for significant return. The property's address is 5801 Twin City Hwy, Port Arthur, TX 77642, and is situated in Jefferson County. The asking price for this remarkable property is $1,400,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,044,597

  6.5%

  $964,244

  7%

  $895,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,230,400

  Geo Method

  $1,950,286

• Alternative Use

  Use

  Valuation

  Residential

  $813,376

  Hospitality

  $745,048

  Educational

  $619,871

  Medical

  $641,189

  Retail

  $964,244

Location Insight

City

Port Arthur

County

Jefferson

State

Texas

Latitude

29.9437

Longitude

-93.948

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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