928 Block StPort Neches, TX 77651

Property Details for 928 Block St

Year built

1988

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

1,500 SF

Property type

Retail space

APN

005450-000-000100-00000

APU

545000000010000000

Description

This exceptional 1,900 square foot lot, situated on the corner of Grigsby and Block Avenue in Port Neches, Texas (zip code 77651), presents a unique investment opportunity. Recently renovated and updated, this property boasts a sizable green space and attractive glass entry doors. The lot's size and improvements make it suitable for a variety of uses, including potential residential development for one or two tenants. The existing structure features a full kitchen and 1.5 bathrooms, offering a solid foundation for future projects. Located in Jefferson County, this property benefits from its convenient corner location and ample space. The asking price is $200,000. This is an excellent chance to acquire a well-maintained and versatile property in a desirable Texas location. The property's address is 928 Block Street, Port Neches, TX 77651. Coordinates are 29.9949043 latitude and -93.96116 longitude. The property is classified as land, specifically lots and land.

• CAP approach

  CAP return

  Valuation

  6%

  $606,149

  6.5%

  $559,522

  7%

  $519,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $713,965

  Geo Method

  $1,131,694

• Alternative Use

  Use

  Valuation

  Residential

  $471,978

  Hospitality

  $432,329

  Educational

  $359,693

  Medical

  $372,063

  Retail

  $559,522

Location Insight

City

Port Neches

County

Jefferson

State

Texas

Latitude

29.9949

Longitude

-93.9612

CBSA code

13140

CBSA name

BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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