4997 Twin City HwyPort Arthur, TX 77642

Property Details for 4997 Twin City Hwy

Year built

2010

Lot size

2.76 AC

Property size (Sq ft)

28,401 SF

Property type

Retail properties

Property subtype

Community centers

APN

054595-000-000200-00000

APU

5459500000020000000

Description

Port Arthur Corners is a 27,946-square-foot shopping center ideally situated at the northwest corner of 46th Street and Twin City Highway in Port Arthur, Orange County, Texas. Built in 2006, this multi-tenant property sits on a 2.76-acre lot and offers excellent visibility and accessibility. The center boasts a strong tenant mix, including established businesses such as Port Arthur Smiles, CSL Plasma, Chase Bank, It's Fashion, and Nail Depot. A significant advantage is its shadow-anchoring by a Walmart, driving substantial foot traffic and enhancing the overall appeal for potential tenants. Currently, there are four available retail spaces ranging in size from 1,328 square feet to 2,657 square feet, presenting a unique opportunity for businesses seeking high-traffic locations in a thriving retail environment. The property's strategic location and established tenant base make it an attractive investment opportunity. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $11,476,831

  6.5%

  $10,593,998

  7%

  $9,837,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,518,219

  Geo Method

  $21,427,498

• Alternative Use

  Use

  Valuation

  Residential

  $8,936,434

  Hospitality

  $8,185,725

  Educational

  $6,810,428

  Medical

  $7,044,648

  Retail

  $10,593,998

Location Insight

City

Port Arthur

County

Jefferson

State

Texas

Latitude

29.9379

Longitude

-93.9387

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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